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 Aaron's, a filing with the SEC revealed that on Friday, Director Robert H. Yanker bought 40,000 shares of AAN, for a cost of $25.29 each, for a total investment of $1.01M. Yanker was up about 1.0% on the purchase at the high point of today's trading session, with AAN trading as high as $25.55 in trading on Wednesday. Aaron's is trading up about 1.1% on the day Wednesday. This purchase marks the first one filed by Yanker in the past year.
And at Beazer Homes USA, there was insider buying on Monday, by Director Stephen P. Zelnak Jr. who bought 22,518 shares at a cost of $10.08 each, for a trade totaling $226,981. Before this latest buy, Zelnak Jr. bought BZH on 3 other occasions during the past twelve months, for a total investment of $1.19M at an average of $7.96 per share. Beazer Homes USA is trading up about 0.4% on the day Wednesday. Zelnak Jr. was up about 8.7% on the purchase at the high point of today's trading session, with BZH trading as high as $10.96 in trading on 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 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.