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.
On Thursday, SunCoke Energy's Director, Ratta Ralph M.
Della Jr., made a $50,040 buy of SXC, purchasing 7,200 shares at a cost of $6.95 each.
SunCoke Energy is trading up about 9.3% on the day Monday.
This purchase marks the first one filed by Della Jr. in the past year.
And on Monday, Director Raj Rajgopal bought $49,950 worth of Computer Task Group, buying 5,000 shares at a cost of $9.99 a piece.
This buy marks the first one filed by Rajgopal in the past twelve months.
Computer Task Group is trading up about 2.4% on the day Monday.
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..
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider..
