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 MB Financial (MBFI), there was insider buying on Thursday, by Michael Morton who bought 3,081 shares for a cost of $28.20 each, for a trade totaling $86,883. This purchase marks the first one filed by Morton in the past year. MB Financial is trading up about 1.3% on the day Tuesday. So far Morton is in the green, up about 2.3% on their purchase based on today's trading high of $28.84.
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