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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
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Monday Sector Leaders: Trucking, Education & Training Services Monday Sector Leaders: Trucking, Education & Training Services
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Friday Sector Laggards: Music & Electronics Stores, Food Stocks Friday Sector Laggards: Music & Electronics Stores, Food Stocks
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Friday Sector Leaders: General Contractors & Builders, Metals Fabrication & Products Friday Sector Leaders: General Contractors & Builders, Metals Fabrication & Products
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Thursday Sector Laggards: Electric Utilities, Television & Radio Stocks Thursday Sector Laggards: Electric Utilities, Television & Radio Stocks
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Thursday Sector Leaders: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing Stocks Thursday Sector Leaders: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing Stocks
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Wednesday Sector Laggards: Shipping, Electric Utilities Wednesday Sector Laggards: Shipping, Electric Utilities
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Wednesday Sector Leaders: Consumer Services, Agriculture & Farm Products Wednesday Sector Leaders: Consumer Services, Agriculture & Farm Products
Wednesday, May 16, 12:26 PM ET
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Tuesday Sector Laggards: General Contractors & Builders, Precious Metals Tuesday Sector Laggards: General Contractors & Builders, Precious Metals
Tuesday, May 15, 12:13 PM ET
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Tuesday, May 15, 12:12 PM ET
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Monday Sector Laggards: Water Utilities, General Contractors & Builders Monday Sector Laggards: Water Utilities, General Contractors & Builders
Monday, May 14, 12:22 PM ET
Monday Sector Leaders: Apparel Stores, Semiconductors Monday Sector Leaders: Apparel Stores, Semiconductors
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Friday Sector Laggards: Publishing, Cigarettes & Tobacco Stocks Friday Sector Laggards: Publishing, Cigarettes & Tobacco Stocks
Friday, May 11, 1:13 PM ET
Friday Sector Leaders: Trucking, Apparel Stores Friday Sector Leaders: Trucking, Apparel Stores
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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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