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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
Wednesday Sector Laggards: Transportation Services, Shipping Stocks Wednesday Sector Laggards: Transportation Services, Shipping Stocks
Wednesday, May 24, 2:05 PM ET
Wednesday Sector Leaders: Aerospace & Defense, Defense Stocks Wednesday Sector Leaders: Aerospace & Defense, Defense Stocks
Wednesday, May 24, 2:05 PM ET
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Tuesday Sector Laggards: Precious Metals, Music & Electronics Stores Tuesday Sector Laggards: Precious Metals, Music & Electronics Stores
Tuesday, May 23, 12:45 PM ET
Tuesday Sector Leaders: Trucking, Non-Precious Metals & Non-Metallic Mining Stocks Tuesday Sector Leaders: Trucking, Non-Precious Metals & Non-Metallic Mining Stocks
Tuesday, May 23, 12:44 PM ET
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Monday Sector Laggards: Construction Materials & Machinery, Hospital & Medical Practitioners Monday Sector Laggards: Construction Materials & Machinery, Hospital & Medical Practitioners
Monday, May 22, 1:14 PM ET
Monday Sector Leaders: Aerospace & Defense, Precious Metals Monday Sector Leaders: Aerospace & Defense, Precious Metals
Monday, May 22, 1:14 PM ET
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Friday Sector Laggards: Apparel Stores, Waste Management Stocks Friday Sector Laggards: Apparel Stores, Waste Management Stocks
Friday, May 19, 1:46 PM ET
Friday Sector Leaders: Shipping, Non-Precious Metals & Non-Metallic Mining Stocks Friday Sector Leaders: Shipping, Non-Precious Metals & Non-Metallic Mining Stocks
Friday, May 19, 1:46 PM ET
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Thursday Sector Laggards: Precious Metals, Apparel Stores Thursday Sector Laggards: Precious Metals, Apparel Stores
Thursday, May 18, 2:23 PM ET
Thursday Sector Leaders: Trucking, Drugs Thursday Sector Leaders: Trucking, Drugs
Thursday, May 18, 2:22 PM ET
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Wednesday Sector Laggards: Construction Materials & Machinery, Semiconductors Wednesday Sector Laggards: Construction Materials & Machinery, Semiconductors
Wednesday, May 17, 12:27 PM ET
Wednesday Sector Leaders: Precious Metals, Electric Utilities Wednesday Sector Leaders: Precious Metals, Electric Utilities
Wednesday, May 17, 12:27 PM ET
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 Tuesday Sector Laggards: Music & Electronics Stores, Specialty Retail Stocks Tuesday Sector Laggards: Music & Electronics Stores, Specialty Retail Stocks
Tuesday, May 16, 12:10 PM ET
Tuesday Sector Leaders: Water Utilities, Agriculture & Farm Products Tuesday Sector Leaders: Water Utilities, Agriculture & Farm Products
Tuesday, May 16, 12:09 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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