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 one noteworthy recent insider buy.
At Genuine Parts (NYSE:GPC), there was insider buying on Monday, by Director John R. Holder who purchased 1,000 shares at a cost of $63.03 each, for a trade totaling $63,030. Genuine Parts Co. is trading up about 0.9% on the day Thursday. Holder was up about 4.6% on the buy at the high point of today's trading session, with GPC trading as high as $65.92 in trading on Thursday.
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