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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
Friday Sector Laggards: Music & Electronics Stores, Non-Precious Metals & Non-Metallic Mining Stocks Friday Sector Laggards: Music & Electronics Stores, Non-Precious Metals & Non-Metallic Mining Stocks
Friday, March 24, 2:41 PM ET
Friday Sector Leaders: Hospital & Medical Practitioners, Entertainment Stocks Friday Sector Leaders: Hospital & Medical Practitioners, Entertainment Stocks
Friday, March 24, 2:40 PM ET
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Thursday Sector Laggards: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks Thursday Sector Laggards: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks
Thursday, March 23, 1:34 PM ET
Thursday Sector Leaders: Apparel Stores, Waste Management Stocks Thursday Sector Leaders: Apparel Stores, Waste Management Stocks
Thursday, March 23, 1:33 PM ET
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Wednesday Sector Laggards: Rental, Leasing, & Royalty, General Contractors & Builders Wednesday Sector Laggards: Rental, Leasing, & Royalty, General Contractors & Builders
Wednesday, March 22, 1:34 PM ET
Wednesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Airlines Wednesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Airlines
Wednesday, March 22, 1:33 PM ET
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Tuesday Sector Laggards: Shipping, Non-Precious Metals & Non-Metallic Mining Stocks Tuesday Sector Laggards: Shipping, Non-Precious Metals & Non-Metallic Mining Stocks
Tuesday, March 21, 1:47 PM ET
Tuesday Sector Leaders: Precious Metals, Gas Utilities Tuesday Sector Leaders: Precious Metals, Gas Utilities
Tuesday, March 21, 1:47 PM ET
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Monday Sector Laggards: Apparel Stores, Trucking Stocks Monday Sector Laggards: Apparel Stores, Trucking Stocks
Monday, March 20, 1:16 PM ET
Monday Sector Leaders: Agriculture & Farm Products, Cigarettes & Tobacco Stocks Monday Sector Leaders: Agriculture & Farm Products, Cigarettes & Tobacco Stocks
Monday, March 20, 1:14 PM ET
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Friday Sector Laggards: Asset Management, Precious Metals Friday Sector Laggards: Asset Management, Precious Metals
Friday, March 17, 12:26 PM ET
Friday Sector Leaders: Shipping, Defense Stocks Friday Sector Leaders: Shipping, Defense Stocks
Friday, March 17, 12:25 PM ET
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Thursday Sector Laggards: Defense, Biotechnology Stocks Thursday Sector Laggards: Defense, Biotechnology Stocks
Thursday, March 16, 1:06 PM ET
Thursday Sector Leaders: General Contractors & Builders, Shipping Stocks Thursday Sector Leaders: General Contractors & Builders, Shipping Stocks
Thursday, March 16, 1:05 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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