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 Tuesday, QuantumScape's Director, Brad W.
Buss, made a $238,257 purchase of QS, buying 10,000 shares at a cost of $23.83 each.
Buss was up about 11.9% on the purchase at the high point of today's trading session, with QS trading as high as $26.67 in trading on Thursday.
QuantumScape is trading down about 3% on the day Thursday.
And at PureCycle Technologies, there was insider buying on Monday, by Corporate Controller Melissa Westerman who purchased 11,400 shares at a cost of $17.47 each, for a trade totaling $199,158.
PureCycle Technologies is trading up about 1.1% on the day Thursday.
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider..
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..
