Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money.
Today we look at two noteworthy recent insider buys.
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money.
Today we look at two noteworthy recent insider buys.
On Wednesday, Keurig Dr Pepper's Director, Robert S.
Singer, made a $226,562 purchase of KDP, buying 7,500 shares at a cost of $30.21 a piece.
Singer was up about 2.1% on the purchase at the high point of today's trading session, with KDP trading as high as $30.84 at last check today.
Keurig Dr Pepper is trading down about 0.6% on the day Monday.
Before this latest buy, Singer bought KDP at 3 other times during the past twelve months, for a total cost of $155,874 at an average of $28.35 per share.
And at Bank First, there was insider buying on Wednesday, by Director Mary Kay Bourbulas who bought 1,200 shares for a cost of $67.85 each, for a trade totaling $81,420.
Before this latest buy, Bourbulas bought BFC at 3 other times during the past year, for a total investment of $19,564 at an average of $52.73 per share.
Bank First is trading off about 1.4% on the day Monday.