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Friday 7/14 Insider Buying Report: AFH, CHKE
Friday, July 14, 10:42 AM ET

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

At Atlas Financial Holdings, a filing with the SEC revealed that on Tuesday, Director Walter Frederick Walker bought 5,000 shares of AFH, for a cost of $14.08 each, for a total investment of $70,398. Atlas Financial Holdings is trading up about 1.4% on the day Friday.

And at Cherokee, there was insider buying on Wednesday, by Director Susan E. Engel who bought 1,000 shares at a cost of $5.00 each, for a total investment of $5,000. Cherokee is trading off about 9.2% on the day Friday. Engel was up about 22.0% on the buy at the high point of today's trading session, with CHKE trading as high as $6.10 in trading on Friday.

For MarketNewsVideo.com, I'm Sayoko Murase.

Friday 7/14 Insider Buying Report: AFH, CHKE picture
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Thursday Sector Leaders: Specialty Retail, Beverages & Wineries Thursday Sector Leaders: Specialty Retail, Beverages & Wineries
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Friday Sector Laggards: Paper & Forest Products, Textiles Friday Sector Laggards: Paper & Forest Products, Textiles
Friday, April 20, 1:26 PM ET
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Friday, April 20, 1:25 PM ET
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Thursday Sector Laggards: Cigarettes & Tobacco, General Contractors & Builders Thursday Sector Laggards: Cigarettes & Tobacco, General Contractors & Builders
Thursday, April 19, 1:45 PM ET
Thursday Sector Leaders: Banking & Savings, Investment Brokerages Thursday Sector Leaders: Banking & Savings, Investment Brokerages
Thursday, April 19, 1:44 PM ET
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Tuesday Sector Laggards: Transportation Services, Banking & Savings Tuesday Sector Laggards: Transportation Services, Banking & Savings
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Tuesday Sector Leaders: Manufacturing, Application Software Stocks Tuesday Sector Leaders: Manufacturing, Application Software Stocks
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Friday 7/14 Insider Buying Report: AFH, CHKE  NOW PLAYING
Friday 7/14 Insider Buying Report: AFH, CHKE
Friday, July 14, 10:42 AM ET
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