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 William N. Searcy purchased $26,000 worth of DWS Municipal Income Trust (NYSE:KTF), purchasing 2,000 shares at a cost of $13.00 each. DWS Municipal Income Trust is trading up about 0.4% on the day Monday. So far Searcy is in the green, up about 0.6% on their purchase based on today's trading high of $13.08.
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