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Wednesday 6/18 Insider Buying Report: VC, BRS
Wednesday, June 18, 11:55 AM 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 dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

On Friday, Visteon (NYSE:VC)'s Director, Francis M. Scricco, made a $295,968 purchase of VC, buying 3,200 shares at a cost of $92.49 a piece. Visteon is trading up about 1.3% on the day Wednesday. This purchase marks the first one filed by Scricco in the past year.

And at Bristow Group (NYSE:BRS), there was insider buying on Friday, by Chief Financial Officer John H. Briscoe who bought 3,000 shares for a cost of $77.01 each, for a trade totaling $231,030. This buy marks the first one filed by Briscoe in the past year. Bristow Group is trading up about 1% on the day Wednesday.

For MarketNewsVideo.com, I'm Sayoko Murase.

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