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.
On Thursday, DATAWATCH Corp. (NASDAQ:DWCH)'s Director, David Mahoney, made a $143,539 buy of DWCH, purchasing 10,000 shares at a cost of $14.35 a piece. DATAWATCH Corp. is trading down about 2% on the day Tuesday. Before this latest buy, Mahoney purchased DWCH on 4 other occasions during the past year, for a total cost of $150,921 at an average of $10.03 per share.
And also on Thursday, Director J. Casey Crenshaw bought $140,000 worth of American Electric Technologies, Inc. (NASDAQ:AETI), buying 35,000 shares at a cost of $4.00 each. This purchase marks the first one filed by Crenshaw in the past twelve months. American Electric Technologies, Inc. is trading off about 2.8% on the day Tuesday. Crenshaw was up about 17.5% on the purchase at the high point of today's trading session, with AETI trading as high as $4.70 in trading on Tuesday.
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.
At VF I have met some of the greatest givers from all walks
Launch related slideshow:
Monday 7/28 Insider Buying Report: QDEL, HAFC
Monday 7/28 Insider Buying Report: NHF, PCI
Friday 7/25 Insider Buying Report: SNA
S&P 500 Movers: CMI, FDO
Nasdaq 100 Movers: MNST, DLTR
Dow Movers: GE, DD
S&P 500 Analyst Moves: HON
S&P 500 Analyst Moves: NWL
S&P 500 Analyst Moves: SPG
Monday Sector Leaders: Electric Utilities, Department Stores
Monday Sector Laggards: Metals Fabrication & Products, Drugs
Friday Sector Leaders: Precious Metals, Transportation Services
Monday's ETF with Unusual Volume: IYJ
Monday's ETF Movers: IDU, XHB
SH, TMF: Big ETF Outflows
Daily Dividend Report: K, WWE, AMGN, ETR, AVY, RBC
Daily Dividend Report: DAL, CP, CMCSA, HON, NEE, TWC, SCHW, AA, NE, MAC, TAP
Daily Dividend Report: INTC, MRK, V, BLK, AAL
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: July 25, 2014
Weekly Market Wrap: July 18, 2014
Weekly Market Wrap: July 11, 2014
Week Ahead Market Report: July 28, 2014
Week Ahead Market Report: July 21, 2014
Week Ahead Market Report: July 14, 2014