Pangaea Logistics Solutions Insiders Showcase Confidence with Recent Buys

Multiple insiders have bought shares of Pangaea Logistics Solutions, a positive sign for shareholders. Lead Independent Director Carl Boggild made the largest purchase of $120k worth of shares at $5.20 each, while insiders paid $215k for 43.08k shares overall in the last year. With insiders owning 27% of the company, management incentives are well-aligned with shareholders. However, there have been no insider transactions in the last three months.