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 Flexsteel Industries, a filing with the SEC revealed that on Wednesday, Director Kathryn P.
Dickson purchased 3,000 shares of FLXS, at a cost of $27.40 each, for a total investment of $82,200.
Dickson was up about 5.5% on the buy at the high point of today's trading session, with FLXS trading as high as $28.91 in trading on Friday.
Flexsteel Industries, is trading up about 3.3% on the day Friday.
This purchase marks the first one filed by Dickson in the past year.
And also on Wednesday, CRO Brent Michael Ciurlino purchased $55,349 worth of Blue Foundry Bancorp, purchasing 4,000 shares at a cost of $13.84 a piece.
Before this latest buy, Ciurlino made one other purchase in the past twelve months, buying $27,980 shares at a cost of $13.99 each.
Blue Foundry Bancorp is trading up about 0.8% on the day Friday.
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider..
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..
