According to an SEC filing made on November 30, Margarita Paláu-Hernández, listed as Xerox Board Director in the documents, has acquired 10,000 shares of XRX stock, valued at just over $150,000.

With XRX trading at a near 5-year low and a backlog of equipment sales estimated to be in the hundreds of millions of dollars, we wonder what made this Xerox board member acquire so much stock at this time.

Is Xerox a good stock value or does this board member expect the stock to increase from something on the horizon? We will watch to see if other board members have significant stock activity in the next few weeks.

Other recent filings made by Xerox include their 8K from Nov. 18 outlining compensation for John Bruno as President and COO. According to the listed documents, Bruno will receive a base salary of $750,000 plus significant stock options for running the venerable imaging company.

More news about Xerox filings as it becomes available.

SOURCE Industry Analysts Inc.

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