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.
On Monday, Liberty Media - SiriusXM Group's , R.
Ted Weschler,, made a $267.45M buy of LSXMA, purchasing 5,347,320 shares at a cost of $50.02 each.
Weschler, was up about 8.0% on the purchase at the high point of today's trading session, with LSXMA trading as high as $54.03 in trading on Thursday.
Liberty Media - SiriusXM Group is trading up about 3.2% on the day Thursday.
And also on Monday, Director Denis Oleary bought $1.56M worth of Fiserv, buying 15,700 shares at a cost of $99.35 a piece.
Before this latest buy, Oleary purchased FISV at 2 other times during the past twelve months, for a total investment of $2.40M at an average of $111.16 per share.
Fiserv is trading up about 2.4% on the day Thursday.
So far Oleary is in the green, up about 5.5% on their purchase based on today's trading high of $104.77.