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Tuesday 12/12 Insider Buying Report: TWOU, PYPL
Tuesday, December 12, 10:30 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.

On Thursday, 2U (NASDAQ:TWOU)'s Director, Paul A. Maeder, made a $4.17M purchase of TWOU, buying 67,830 shares at a cost of $61.45 each. Maeder was up about 3.8% on the buy at the high point of today's trading session, with TWOU trading as high as $63.79 at last check today. 2U is trading up about 2.2% on the day Tuesday.

And on Friday, Director Rodney C. Adkins bought $499,777 worth of PayPal Holdings (NASDAQ:PYPL), buying 6,750 shares at a cost of $74.04 a piece. PayPal Holdings is trading up about 0.8% on the day Tuesday.

For MarketNewsVideo.com, I'm Sayoko Murase.

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Tuesday 12/12 Insider Buying Report: TWOU, PYPL | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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