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Friday 12/22 Insider Buying Report: OFC, PTI
Friday, December 22, 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 Thursday, Corporate Office Properties Trust (NYSE:OFC)'s Executive Vice President & COO, Paul R. Adkins, made a $290,600 purchase of OFC, buying 10,000 shares at a cost of $29.06 each. Corporate Office Properties Trust is trading up about 0.4% on the day Friday.

And on Monday, CEO Meenu Chhabra bought $200,000 worth of Proteostasis Therapeutics (NASDAQ:PTI), buying 40,000 shares at a cost of $5.00 each. This purchase marks the first one filed by Chhabra in the past year. Proteostasis Therapeutics is trading up about 2.4% on the day Friday.

For MarketNewsVideo.com, I'm Sayoko Murase.

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Friday 12/22 Insider Buying Report: OFC, PTI  NOW PLAYING
Friday 12/22 Insider Buying Report: OFC, PTI
Friday, December 22, 10:31 AM ET
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Friday 12/22 Insider Buying Report: OFC, PTI | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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