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 cash 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 cash to make a purchase, is that they expect to make money.
Today we look at two noteworthy recent insider buys.
At Golub Capital BDC, a filing with the SEC revealed that on Wednesday, Chairman Lawrence E.
Golub purchased 4,000 shares of GBDC, for a cost of $13.90 each, for a total investment of $55,614.
Golub Capital BDC is trading up about 0.4% on the day Monday.
Before this latest buy, Golub bought GBDC on 48 other occasions during the past year, for a total cost of $16.13M at an average of $12.89 per share.
And at Coupa Software, there was insider buying on Wednesday, by Michelle Brennan who purchased 100 shares for a cost of $358.57 each, for a trade totaling $35,857.
Coupa Software is trading off about 2.6% on the day Monday.