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 one noteworthy recent insider buy.
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 one noteworthy recent insider buy.
On Tuesday, Director Mary Kay Bourbulas purchased $69,990 worth of Bank First Corp (BFC), purchasing 1,000 shares at a cost of $69.99 a piece.
Before this latest buy, Bourbulas purchased BFC at 4 other times during the past twelve months, for a total investment of $100,984 at an average of $64.28 per share.
Bank First is trading up about 0.3% on the day Friday.
Bargain hunters can snag BFC at a price even lower than Bourbulas did, with shares trading as low as $68.27 at last check today -- that's 2.5% below Bourbulas's purchase price.