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 cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
On Monday, Cadence Bancorporation's Director, Marc J. Shapiro, made a $403,250 purchase of CADE, buying 25,000 shares at a cost of $16.13 a piece. Cadence Bancorporation is trading up about 1.3% on the day Wednesday. This buy marks the first one filed by Shapiro in the past twelve months.
And at Zymeworks, there was insider buying on Monday, by Director Troy Cox who bought 7,500 shares for a cost of $46.50 each, for a trade totaling $348,750. Zymeworks is trading up about 6.4% on the day Wednesday.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.
Free Email Alerts By Stock:
Launch related slideshow:
Monday 5/6 Insider Buying Report: SWKS, HXL
Friday 5/3 Insider Buying Report: STRA, ENPH
Friday 5/3 Insider Buying Report: LUMN, TBBK
Nasdaq 100 Movers: WDAY, MU
S&P 500 Movers: TSN, PARA
Dow Movers: AMGN, DIS
S&P 500 Analyst Moves: PWR
Dow Analyst Moves: UNH
S&P 500 Analyst Moves: CTRA
Monday Sector Laggards: Food, Drugs
Monday Sector Leaders: Music & Electronics Stores, Precious Metals
Friday Sector Laggards: Paper & Forest Products, Packaging & Containers
Monday's ETF Movers: URA, CQQQ
VCSH, OVLH: Big ETF Outflows
VXUS, TSDD: Big ETF Inflows
Daily Dividend Report: TFX,R,MAN,CNO,DOV
Daily Dividend Report: COF,HSY,ITW,LMT,AAPL
Daily Dividend Report: CNQ,AIG,APH,UPS,ICE
Fed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 14, 2015
Weekly Market Wrap: August 7, 2015
Weekly Market Wrap: July 31, 2015
Week Ahead Market Report: June 8, 2015
Week Ahead Market Report: May 18, 2015
Week Ahead Market Report: May 4, 2015