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Monday 3/20 Insider Buying Report: EQS, AMBC
Monday, March 20, 10:31 AM 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.

On Friday, Equus Total Return (NYSE:EQS)'s Chief Executive Officer, John A. Hardy, made a $1.2M buy of EQS, purchasing 500,000 shares at a cost of $2.40 a piece. Hardy was up about 4.2% on the purchase at the high point of today's trading session, with EQS trading as high as $2.50 in trading on Monday. Equus Total Return is trading up about 2.1% on the day Monday.

And also on Friday, Chief Executive Officer Claude Leblanc purchased $390,993 worth of Ambac Financial Group (NASDAQ:AMBC), purchasing 20,000 shares at a cost of $19.55 each. This purchase marks the first one filed by Leblanc in the past twelve months. Ambac Financial Group is trading off about 0.9% on the day Monday.

For MarketNewsVideo.com, I'm Sayoko Murase.

Monday 3/20 Insider Buying Report: EQS, AMBC picture
Thursday Sector Laggards: Home Furnishings & Improvement, Department Stores Thursday Sector Laggards: Home Furnishings & Improvement, Department Stores
Thursday, December 14, 12:06 PM ET
Thursday Sector Leaders: Entertainment, Investment Brokerages Thursday Sector Leaders: Entertainment, Investment Brokerages
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Wednesday Sector Laggards: Shipping, Entertainment Stocks Wednesday Sector Laggards: Shipping, Entertainment Stocks
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Tuesday Sector Laggards: Advertising, Education & Training Services Tuesday Sector Laggards: Advertising, Education & Training Services
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Tuesday Sector Leaders: Hospital & Medical Practitioners, Waste Management Stocks Tuesday Sector Leaders: Hospital & Medical Practitioners, Waste Management Stocks
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Monday Sector Laggards: Music & Electronics Stores, General Contractors & Builders Monday Sector Laggards: Music & Electronics Stores, General Contractors & Builders
Monday, December 11, 2:14 PM ET
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Monday Sector Leaders: Agriculture & Farm Products, Metals & Mining Stocks Monday Sector Leaders: Agriculture & Farm Products, Metals & Mining Stocks
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Friday Sector Laggards: Metals Fabrication & Products, Sporting Goods & Activities Friday Sector Laggards: Metals Fabrication & Products, Sporting Goods & Activities
Friday, December 8, 1:45 PM ET
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Friday Sector Leaders: Agriculture & Farm Products, Shipping Stocks Friday Sector Leaders: Agriculture & Farm Products, Shipping Stocks
Friday, December 8, 1:44 PM ET
Thursday Sector Laggards: Cigarettes & Tobacco, Agriculture & Farm Products Thursday Sector Laggards: Cigarettes & Tobacco, Agriculture & Farm Products
Thursday, December 7, 1:12 PM ET
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Thursday Sector Leaders: Drugs, Hospital & Medical Practitioners Thursday Sector Leaders: Drugs, Hospital & Medical Practitioners
Thursday, December 7, 1:11 PM ET
Wednesday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services Wednesday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services
Wednesday, December 6, 1:35 PM ET
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Wednesday Sector Leaders: Aerospace & Defense, Apparel Stores Wednesday Sector Leaders: Aerospace & Defense, Apparel Stores
Wednesday, December 6, 1:34 PM ET
Tuesday Sector Laggards: Shipping, Grocery & Drug Stores Tuesday Sector Laggards: Shipping, Grocery & Drug Stores
Tuesday, December 5, 1:45 PM ET
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Monday 3/20 Insider Buying Report: EQS, AMBC  NOW PLAYING
Monday 3/20 Insider Buying Report: EQS, AMBC
Monday, March 20, 10:31 AM ET
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