Thursday 8/26 Insider Buying Report: BHG, ATGE

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 Bright Health Group, a filing with the SEC revealed that on Wednesday, Adair Newhall purchased 48,694 shares of BHG, at a cost of $10.34 each, for a total investment of $503,324.

Bright Health Group Inc is trading up about 1.3% on the day Thursday.

And on Tuesday, Director Michael W.

Malafronte purchased $323,910 worth of Adtalem Global Education, purchasing 9,000 shares at a cost of $35.99 each.

Before this latest buy, Malafronte purchased ATGE at 2 other times during the past twelve months, for a total investment of $480,590 at an average of $36.41 per share.

Adtalem Global Education is trading up about 2.2% on the day Thursday.

So far Malafronte is in the green, up about 5.9% on their purchase based on today's trading high of $38.10.