Wednesday 6/23 Insider Buying Report: RPHM, SEAC Wednesday, June 23, 1:31 PM ET
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 two noteworthy recent insider buys.
At Reneo Pharmaceuticals, a filing with the SEC revealed that on Tuesday, Director Bali Muralidhar purchased 47,274 shares of RPHM, at a cost of $8.94 each, for a total investment of $422,414. So far Muralidhar is in the green, up about 10.3% on their buy based on today's trading high of $9.86. Reneo Pharmaceuticals is trading up about 1.5% on the day Wednesday. Before this latest buy, Muralidhar bought RPHM at 4 other times during the past year, for a total cost of $338,072 at an average of $9.39 per share.
And on Monday, Executive Chairman Robert M. Pons bought $106,000 worth of SeaChange International, buying 100,000 shares at a cost of $1.06 a piece. Before this latest buy, Pons made one other purchase in the past twelve months, buying $104,000 shares at a cost of $1.04 each. SeaChange International is trading up about 9.5% on the day Wednesday. So far Pons is in the green, up about 28.3% on their buy based on today's trading high of $1.36.
Sysco Takes Over #201 Spot From Fortinet Wednesday, June 23, 4:52 PM ET, by Market News Video Staff In the latest look at the underlying components of the S&P 500 ordered by largest ...
Coty Larger Than S&P 500 Component Leggett & Platt Wednesday, June 23, 4:51 PM ET, by Market News Video Staff In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Coty, ...
Fair Isaac Larger Than S&P 500 Component Loews Wednesday, June 23, 4:51 PM ET, by Market News Video Staff In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Fair ...
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.
Wednesday 6/23 Insider Buying Report: RPHM, SEAC
Tuesday 6/22 Insider Buying Report: CNVY, TPTX
Monday 6/21 Insider Buying Report: FBNC, MCB
Nasdaq 100 Movers: SPLK, TSLA
S&P 500 Movers: DVA, OXY
Dow Movers: MMM, CVX
S&P 500 Analyst Moves: AIZ
Dow Analyst Moves: MCD
S&P 500 Analyst Moves: CRL
Wednesday Sector Laggards: General Contractors & Builders, Water Utilities
Wednesday Sector Leaders: Rental, Leasing, & Royalty, Agriculture & Farm Products
Tuesday Sector Laggards: Drugs, Biotechnology Stocks
Wednesday's ETF Movers: CQQQ, XLU
Wednesday's ETF with Unusual Volume: EZM
JETS, STLG: Big ETF Outflows
Daily Dividend Report: SPGI,FCX,QADA,QADB,WMC
Daily Dividend Report: CUZ,RTX,SFBS,KFY
Daily Dividend Report: SPG,MA,GE,SGA,LEN,LEN.B
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