Thursday 3/1 Insider Buying Report: RAH, CALLThursday, March 1, 3:59 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 two noteworthy recent insider buys.
At Ralcorp Holdings, Inc. (RAH ), a filing with the SEC revealed that on
Tuesday, Director David R. Wenzel purchased 2,000 shares of RAH, at a cost
of $74.98 each, for a total investment of $149,960. Ralcorp Holdings, Inc.
is trading off about 0.4% on the day Thursday.
And at magicJack VocalTec Ltd (NASDAQ:CALL ), there was insider buying on Tuesday,
by President Andrew M. Macinnes who bought 5,000 shares for a cost of $19.62
each, for a trade totaling $98,100. This buy marks the first one filed by
Macinnes in the past year. magicJack VocalTec Ltd is trading up about 5.4%
on the day Thursday. Macinnes was up about 12.0% on the buy at the high
point of today's trading session, with CALL trading as high as $21.98 at
last check today.
For MarketNewsVideo.com, I'm Sayoko Murase.
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