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Monday 4/27 Insider Buying Report: HAS
Monday, April 27, 10:32 AM ET

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.

On Wednesday, Hasbro (NASDAQ:HAS)'s Director, Basil Anderson, made a $72,347 purchase of HAS, buying 1,000 shares at a cost of $72.35 a piece. Bargain hunters are able to bag HAS even cheaper than Anderson did, with the stock changing hands as low as $71.33 in trading on Monday -- that's 1.4% below Anderson's purchase price. Hasbro is trading trading flat on the day Monday. This buy marks the first one filed by Anderson in the past year.

For MarketNewsVideo.com, I'm Sayoko Murase.

Monday 4/27 Insider Buying Report: HAS picture
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Monday 4/27 Insider Buying Report: HAS | Market News Video | Copyright © 2008 - 2015, All Rights Reserved

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