Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money.
Today we look at two noteworthy recent insider buys.
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money.
Today we look at two noteworthy recent insider buys.
On Thursday, IHS Markit's Director, William E.
Ford, made a $1.17M purchase of INFO, buying 20,000 shares at a cost of $58.46 a piece.
Ford was up about 6.5% on the buy at the high point of today's trading session, with INFO trading as high as $62.28 at last check today.
IHS Markit is trading off about 1.2% on the day Tuesday.
And on Friday, See Remarks David E.
Flitman bought $428,965 worth of BMC Stock Holdings, buying 25,000 shares at a cost of $17.16 a piece.
Before this latest buy, Flitman made one other buy in the past twelve months, purchasing $202,445 shares for a cost of $22.49 a piece.
BMC Stock Holdings is trading up about 0.9% on the day Tuesday.