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Monday 12/3 Insider Buying Report: TROV, HTBI
Monday, December 3, 3:11 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 cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

At Trovagene New (NASDAQ:TROV), a filing with the SEC revealed that on Friday, Director Stanley Tennant purchased 25,000 shares of TROV, for a cost of $4.82 each, for a total investment of $120,500. Trovagene New is trading off about 0.1% on the day Monday. Before this latest buy, Tennant made one other buy in the past twelve months, purchasing $50,000 shares at a cost of $0.50 each.

And at HomeTrust Bancshares Inc. (NASDAQ:HTBI), there was insider buying on Wednesday, by Director F. K. McFarland III who bought 7,600 shares for a cost of $13.20 each, for a trade totaling $100,319. Before this latest buy, McFarland III made one other purchase in the past twelve months, buying $50,000 shares at a cost of $10.00 a piece. HomeTrust Bancshares Inc. is trading up about 2.8% on the day Monday.

For MarketNewsVideo.com, I'm Kristin Bianco.

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