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.
On Wednesday, Director Jason A. Wright bought $824,000 worth of RealPage (NASDAQ:RP), buying 50,000 shares at a cost of $16.48 a piece. This buy marks the first one filed by Wright in the past twelve months. So far Wright is in the green, up about 4.4% on their buy based on today's trading high of $17.20.
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