Monday 11/23 Insider Buying Report: TLS, FLXS

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 Telos, a filing with the SEC revealed that on Thursday, Director John W.

Maluda purchased 441 shares of TLS, for a cost of $7497.00 each, for a total investment of $3.31M.

Investors can snag TLS at a price even lower than Maluda did, with shares trading as low as $19.50 at last check today which is 99.7% under Maluda's purchase price.

Telos is trading up about 6.1% on the day Monday.

This buy marks the first one filed by Maluda in the past twelve months.

And on Friday, Director Matthew Kaness bought $190,960 worth of Flexsteel Industries, buying 7,000 shares at a cost of $27.28 each.

Before this latest buy, Kaness bought FLXS on 3 other occasions during the past twelve months, for a total cost of $342,290 at an average of $14.88 per share.

Flexsteel Industries, is trading up about 6.7% on the day Monday.

Investors are able to grab FLXS even cheaper than Kaness did, with the stock changing hands as low as $25.88 in trading on Monday which is 5.1% under Kaness's purchase price.