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Thursday 2/26 Insider Buying Report: DD, MRC
Thursday, February 26, 10:51 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 two noteworthy recent insider buys.

At DuPont (NYSE:DD), a filing with the SEC revealed that on Monday, Director Edward D. Breen purchased 13,000 shares of DD, for a cost of $77.39 each, for a total investment of $1.01M. So far Breen is in the green, up about 0.9% on their purchase based on today's trading high of $78.08. DuPont is trading down about 0.2% on the day Thursday.

And on Tuesday, Director H. B. Wehrle III bought $637,500 worth of MRC Global (NYSE:MRC), buying 50,000 shares at a cost of $12.75 each. Before this latest buy, Wehrle III made one other buy in the past twelve months, purchasing $849,095 shares for a cost of $16.98 each. MRC Global is trading up about 4.9% on the day Thursday. Wehrle III was up about 8.2% on the purchase at the high point of today's trading session, with MRC trading as high as $13.80 at last check today.

For MarketNewsVideo.com, I'm Sayoko Murase.

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Thursday 2/26 Insider Buying Report: DD, MRC | Market News Video | Copyright © 2008 - 2015, All Rights Reserved

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