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 Monday, California Resources' Director, Tiffany Thom Cepak, made a $244,500 purchase of CRC, buying 10,000 shares at a cost of $24.45 each.
Cepak was up about 18.2% on the purchase at the high point of today's trading session, with CRC trading as high as $28.91 at last check today.
California Resources is trading up about 13.6% on the day Tuesday.
And on Thursday, EVP, Chief Sales Officer Dusty Tonkin bought $197,295 worth of Bluegreen Vacations Holdings, buying 10,500 shares at a cost of $18.79 a piece.
This buy marks the first one filed by Tonkin in the past twelve months.
Bluegreen Vacations Holdings is trading down about 1.4% on the day Tuesday.
Tonkin was up about 16.2% on the purchase at the high point of today's trading session, with BVH trading as high as $21.83 in trading on Tuesday.
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..
