Friday 3/2 Insider Buying Report: BLDR, PMC Friday, March 2, 3:05 PM ET
Bargain hunters are wise to pay careful attention to insider buying, because
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
For MarketNewsVideo.com, I'm Tracey Fitzpatrick.
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Friday 3/2 Insider Buying Report: BLDR, PMC
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