Monday 3/5 Insider Buying Report: MMC, CLGXMonday, March 5, 5:10 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, Marsh & McLennan Companies Inc. (NYSE:MMC )'s Director, R. David
Yost, made a $475,200 buy of MMC, purchasing 15,000 shares at a cost of
$31.68 each. Marsh & McLennan Companies Inc. is trading off about 0.3% on
the day Monday. This purchase marks the first one filed by Yost in the past
year.
And at CoreLogic Inc. (NYSE:CLGX ), there was insider buying on Thursday, by Chief
Financial Officer Frank Martell who purchased 15,000 shares for a cost of
$15.40 each, for a trade totaling $230,954. This buy marks the first one
filed by Martell in the past twelve months. CoreLogic Inc. is trading up
about 0.3% on the day Monday.
For MarketNewsVideo.com, I'm Kristin Bianco.
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