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Wednesday, 20 November 2024

Tuesday 2/9 Insider Buying Report: SBH, HBCP

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Tuesday 2/9 Insider Buying Report: SBH, HBCP
Tuesday 2/9 Insider Buying Report: SBH, HBCP

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.

So let's look at two noteworthy recent insider buys.

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.

So let's look at two noteworthy recent insider buys.

At Sally Beauty Holdings, a filing with the SEC revealed that on Monday, CEO Christian A.

Brickman purchased 10,000 shares of SBH, for a cost of $14.53 each, for a total investment of $145,250.

So far Brickman is in the green, up about 4.1% on their purchase based on today's trading high of $15.12.

Sally Beauty Holdings is trading up about 1% on the day Tuesday.

Before this latest buy, Brickman purchased SBH at 4 other times during the past year, for a total investment of $457,340 at an average of $11.73 per share.

And at Home Bancorp, there was insider buying on Monday, by Director Ann Forte Trappey who bought 1,851 shares at a cost of $31.38 each, for a total investment of $58,079.

Before this latest buy, Trappey made one other buy in the past year, purchasing $49,001 shares for a cost of $25.79 each.

Home Bancorp is trading up about 0.1% on the day Tuesday.

So far Trappey is in the green, up about 2.0% on their purchase based on today's trading high of $32.00.

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