A noteworthy insider acquisition was disclosed on February 26, as CAMERONDOE, Board Member at Western Union (NYSE:WU), reported the acquisition of stock options for 178,572 shares.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that CAMERONDOE, Board Member at Western Union, a company in the Financials sector, acquired stock options for 178,572 shares of WU. The options allow CAMERONDOE to buy the company’s stock at $10.64 per share.
Western Union shares are trading, exhibiting down of 0.0% and priced at $10.74 during Thursday’s morning. This values CAMERONDOE’s 178,572 shares at $17,839.
About Western Union
Western Union provides domestic and international money transfers through its global network of about 600,000 outside agents. The company handled over 270 million transactions in 2023 and is the largest money transfer company in the world.
Understanding the Numbers: Western Union’s Finances
Positive Revenue Trend: Examining Western Union’s financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 0.56% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among …
