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Thursday, May 23, 2024

Wednesday 5/27 Insider Buying Report: NREF, TJX

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Wednesday 5/27 Insider Buying Report: NREF, TJX
Wednesday 5/27 Insider Buying Report: NREF, TJX

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 NexPoint Real Estate Finance, a filing with the SEC revealed that on Friday, President James D.

Dondero purchased 12,900 shares of NREF, at a cost of $14.16 each, for a total investment of $182,637.

So far Dondero is in the green, up about 20.0% on their buy based on today's trading high of $16.99.

NexPoint Real Estate Finance is trading up about 1.3% on the day Wednesday.

Before this latest buy, Dondero purchased NREF on 3 other occasions during the past twelve months, for a total investment of $1.24M at an average of $11.88 per share.

And also on Friday, Director Rosemary T.

Berkery purchased $160,432 worth of TJX Companies, purchasing 3,000 shares at a cost of $53.48 a piece.

TJX Companies is trading down about 0.2% on the day Wednesday.

Berkery was up about 6.0% on the purchase at the high point of today's trading session, with TJX trading as high as $56.68 at last check today.

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