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 one noteworthy recent insider buy.
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 one noteworthy recent insider buy.
At Oracle, a filing with the SEC revealed that on Thursday, Director Rona Alison Fairhead bought 2,277 shares of ORCL, at a cost of $96.02 each, for a total investment of $218,640.
So far Fairhead is in the green, up about 1.2% on their purchase based on today's trading high of $97.22.
Oracle is trading up about 0.2% on the day Tuesday.
Before this latest buy, Fairhead bought ORCL at 2 other times during the past twelve months, for a total investment of $798,430 at an average of $69.26 per share.
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider..
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider..
