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Sunday, June 16, 2024

Wednesday 5/5 Insider Buying Report: APH, MASI

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Wednesday 5/5 Insider Buying Report: APH, MASI
Wednesday 5/5 Insider Buying Report: APH, MASI

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 Amphenol, a filing with the SEC revealed that on Tuesday, Director Robert Livingston purchased 20,000 shares of APH, for a cost of $65.92 each, for a total investment of $1.32M.

So far Livingston is in the green, up about 2.0% on their purchase based on today's trading high of $67.24.

Amphenol is trading up about 0.6% on the day Wednesday.

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

And at Masimo, there was insider buying on Monday, by EVP, GEN COUNSEL & CORP SEC Thomas Samuel McClenahan who bought 1,000 shares for a cost of $231.62 each, for a total investment of $231,620.

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

Masimo Corp.

Is trading off about 0.7% on the day Wednesday.

Bargain hunters are able to snag MASI even cheaper than McClenahan did, with the stock trading as low as $221.94 at last check today -- that's 4.2% below McClenahan's purchase price.

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