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.
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, Employers Holdings' Director, James R.
Kroner, made a $98,496 purchase of EIG, buying 3,200 shares at a cost of $30.78 each.
So far Kroner is in the green, up about 2.9% on their purchase based on today's trading high of $31.68.
Employers Holdings is trading up about 3% on the day Tuesday.
And at JMP Group, there was insider buying on Monday, by Craig R.
Johnson who bought 15,000 shares at a cost of $2.99 each, for a trade totaling $44,794.
Before this latest buy, Johnson purchased JMP on 2 other occasions during the past twelve months, for a total cost of $98,621 at an average of $2.82 per share.
JMP Group is trading up about 2.2% on the day Tuesday.