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Thursday 3/26 Insider Buying Report: AMOT
Thursday, March 26, 12:41 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 one noteworthy recent insider buy.

At Allied Motion Technologies (NASDAQ:AMOT), there was insider buying on Tuesday, by Director James J. Tanous who purchased 2,000 shares at a cost of $32.70 each, for a total investment of $65,392. This buy marks the first one filed by Tanous in the past year. Allied Motion Technologies is trading up about 2% on the day Thursday. Investors can pick up AMOT at a price even lower than Tanous did, with shares changing hands as low as $30.24 in trading on Thursday -- that's 7.5% under Tanous's purchase price.

For MarketNewsVideo.com, I'm Sayoko Murase.

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Thursday 3/26 Insider Buying Report: AMOT | Market News Video | Copyright © 2008 - 2015, All Rights Reserved

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