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 Lands' End (NASDAQ:LE), there was insider buying on Friday, by CEO Jerome Griffith who purchased 10,622 shares for a cost of $19.42 each, for a total investment of $206,319. Lands' End is trading up about 3.4% on the day Tuesday. Griffith was up about 4.3% on the purchase at the high point of today's trading session, with LE trading as high as $20.25 at last check today.
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