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 Life Time Group Holdings, a filing with the SEC revealed that on Tuesday, Director Stuart G.
Lasher purchased 138,888 shares of LTH, at a cost of $18.00 each, for a total investment of $2.5M.
Investors have the opportunity to bag LTH even cheaper than Lasher did, with the stock changing hands as low as $17.16 at last check today -- that's 4.7% under Lasher's purchase price.
Life Time Group Holdings is trading down about 0.2% on the day Friday.
And at Cognition Therapeutics, there was insider buying on Wednesday, by CEO & President Lisa Ricciardi who bought 12,500 shares for a cost of $12.00 each, for a total investment of $150,000.
Cognition Therapeutics is trading up about 1.6% on the day Friday.
So far Ricciardi is in the green, up about 4.1% on their buy based on today's trading high of $12.49.
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..
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..
