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.
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 Ault Global Holdings, a filing with the SEC revealed that on Tuesday, Executive Chairman Milton C.
Ault III purchased 507,400 shares of DPW, for a cost of $2.66 each, for a total investment of $1.35M.
Ault III was up about 6.7% on the purchase at the high point of today's trading session, with DPW trading as high as $2.84 at last check today.
Ault Global Holdings is trading up about 1.7% on the day Wednesday.
Before this latest buy, Ault III bought DPW at 12 other times during the past twelve months, for a total cost of $346,566 at an average of $2.48 per share.
And at Petco Health & Wellness, there was insider buying on Tuesday, by CEO & Chairman Ron Coughlin who purchased 46,600 shares at a cost of $21.72 each, for a total investment of $1.01M.
Before this latest buy, Coughlin made one other buy in the past twelve months, purchasing $21,600 shares at a cost of $18.00 each.
Petco Health & Wellness is trading up about 2% on the day Wednesday.
Coughlin was up about 5.2% on the buy at the high point of today's trading session, with WOOF trading as high as $22.86 in trading on Wednesday.