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 cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
On Wednesday, Wells Fargo (NYSE:WFC)'s Director, Stephen W. Sanger, made a $339,600 buy of WFC, purchasing 10,000 shares at a cost of $33.96 a piece. Sanger was up about 1.9% on the purchase at the high point of today's trading session, with WFC trading as high as $34.61 in trading on Friday. Wells Fargo & Co. is trading down about 0.2% on the day Friday.
And on Tuesday, Douglas J. Hepworth purchased $43,300 worth of Nuveen Diversified Commodity Fund (AMEX:CFD), purchasing 2,000 shares at a cost of $21.65 each. Nuveen Diversified Commodity Fund is trading off about 0.8% on the day Friday.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
I absolutely consider this site the most important
Launch related slideshow:
Friday 10/20 Insider Buying Report: DVMT, PACW
Thursday 10/19 Insider Buying Report: AKAM, GNMX
Wednesday 10/18 Insider Buying Report: TNDM, ODC
Nasdaq 100 Movers: CELG, PYPL
S&P 500 Movers: CELG, PYPL
Dow Movers: GE, CSCO
S&P 500 Analyst Moves: CRM
S&P 500 Analyst Moves: MPC
Dow Analyst Moves: UTX
Friday Sector Laggards: Precious Metals, Oil & Gas Equipment & Services
Friday Sector Leaders: Textiles, Apparel Stores
Thursday Sector Laggards: Airlines, Cigarettes & Tobacco Stocks
Friday's ETF with Unusual Volume: SDIV
Friday's ETF Movers: IHF, GDXJ
FDT, FDTS: Big ETF Outflows
Daily Dividend Report: HBAN, IDA, SXT, AVX, SLB, SCHW, PPG, ED, DFS
Daily Dividend Report: CCI, CCL, RCI, MMP, JNJ, KO, KMI, SHW
Daily Dividend Report: C, NTRS, XRX, NRG, BCO, CDR, HOPE
Fed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 14, 2015
Weekly Market Wrap: August 7, 2015
Weekly Market Wrap: July 31, 2015
Week Ahead Market Report: June 8, 2015
Week Ahead Market Report: May 18, 2015
Week Ahead Market Report: May 4, 2015