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Friday 12/2 Insider Buying Report: EW, DFRG
Friday, December 2, 1:38 PM 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 two noteworthy recent insider buys.

On Tuesday, Edwards Lifesciences' Director, Kieran Gallahue, made a $253,900 purchase of EW, buying 3,000 shares at a cost of $84.63 a piece. Edwards Lifesciences is trading up about 2.2% on the day Friday.

And at Del Frisco's Restaurant Group), there was insider buying on Thursday, by President/CEO Norman J. Abdallah who bought 10,000 shares at a cost of $17.55 each, for a trade totaling $175,516. This purchase marks the first one filed by Abdallah in the past year. Del Frisco's Restaurant Group is trading up about 2.3% on the day Friday.

For MarketNewsVideo.com, I'm Sayoko Murase.

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