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 Albemarle (NYSE:ALB), a filing with the SEC revealed that on Friday, Sr VP,Pres, Catalyst Solutions D. Michael Wilson bought 5,000 shares of ALB, for a cost of $61.29 each, for a total investment of $306,450. Wilson was up about 2.1% on the purchase at the high point of today's trading session, with ALB trading as high as $62.57 at last check today. Albemarle is trading up about 0.7% on the day Tuesday. This buy marks the first one filed by Wilson in the past year.
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