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.
On Wednesday, Director Thomas D. Mottola purchased $2M worth of Restoration Hardware Holdings (NYSE:RH), purchasing 20,830 shares at a cost of $96.01 a piece. Restoration Hardware Holdings is trading up about 4% on the day Friday. So far Mottola is in the green, up about 4.7% on their purchase based on today's trading high of $100.50.
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