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, Resources Connection's Director, Roger D. Carlile, made a $281,250 purchase of RGP, buying 25,000 shares at a cost of $11.25 a piece. Resources Connection is trading up about 3.9% on the day Wednesday. This buy marks the first one filed by Carlile in the past year.
And at BranchOut Food, there was insider buying on Monday, by Director Byron Riche Jones who purchased 41,755 shares for a cost of $0.99 each, for a total investment of $41,337. This buy marks the first one filed by Jones in the past twelve months. BranchOut Food is trading up about 1.5% 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 8.3%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.3%.
Free Email Alerts By Stock:
Launch related slideshow:
Wednesday 12/4 Insider Buying Report: CFFN, PMTS
Wednesday 12/4 Insider Buying Report: AXDX, LEXX
Tuesday 12/3 Insider Buying Report: SR, COHR
Nasdaq 100 Movers: MDLZ, MRVL
S&P 500 Movers: ANET, CRM
Dow Movers: NKE, CRM
Dow Analyst Moves: TRV
S&P 500 Analyst Moves: LOW
Dow Analyst Moves: IBM
Wednesday Sector Leaders: Computers, Diagnostics
Wednesday Sector Laggards: Oil & Gas Refining & Marketing, Oil & Gas Exploration & Production Stocks
Tuesday Sector Laggards: Computer Peripherals, Biotechnology Stocks
Wednesday's ETF with Unusual Volume: XTN
Wednesday's ETF Movers: SKYY, XOP
MSTZ, MOTO: Big ETF Outflows
Daily Dividend Report: RY,DE,MSFT,JBT,RJF
Daily Dividend Report: AFL,SUI,WCC,ENB,EGP
Daily Dividend Report: PCG,UNP,RRC,TOWN,HOG
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