Friday 3/2 Insider Buying Report: BLDR, PMC
Friday, March 2, 3:05 PM ET

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although there are many various reasons for an insider to sell a stock,

presumably the only reason they would use their hard-earned dollars to make

a purchase, is that they expect to make money. Today we look at two

noteworthy recent insider buys.

On Thursday, Builders FirstSource Inc. (NASDAQ:BLDR)'s Director, Michael Graff,

made a $310,939 purchase of BLDR, buying 100,106 shares at a cost of $3.11

each. Builders FirstSource Inc. is trading up about 1% on the day Friday.

This buy marks the first one filed by Graff in the past twelve months.

And on Wednesday, Chief Executive Officer Gregory S. Weishar purchased

$245,980 worth of PharMerica Corp (NYSE:PMC), purchasing 20,000 shares at a cost

of $12.30 each. This purchase marks the first one filed by Weishar in the

past twelve months. PharMerica Corp is trading up about 4.2% on the day

Friday.

For MarketNewsVideo.com, I'm Tracey Fitzpatrick.