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 dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
On Friday, Endurance International Group Holdings's Director, James Neary, made a $2.79M buy of EIGI, purchasing 363,000 shares at a cost of $7.68 a piece. Neary was up about 5.4% on the purchase at the high point of today's trading session, with EIGI trading as high as $8.10 in trading on Tuesday. Endurance International Group Holdings is trading up about 1% on the day Tuesday. Before this latest buy, Neary purchased EIGI on 3 other occasions during the past year, for a total cost of $11.34M at an average of $7.33 per share.
And at Ball, there was insider buying on Thursday, by Director Cynthia A. Niekamp who purchased 3,000 shares at a cost of $80.37 each, for a total investment of $241,110. Ball is trading down about 0.1% on the day Tuesday.
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:
