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Friday 2/2 Insider Buying Report: MATW
Friday, February 2, 10:35 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 one noteworthy recent insider buy.

At Matthews International Corp (NASDAQ:MATW), there was insider buying on Tuesday, by VP and Treasurer Robert M. Marsh who bought 3,000 shares at a cost of $55.50 each, for a trade totaling $166,500. Matthews International Corp is trading down about 1.6% on the day Friday. Investors can bag MATW even cheaper than Marsh did, with the stock trading as low as $54.33 at last check today which is 2.1% below Marsh's purchase price.

For MarketNewsVideo.com, I'm Sayoko Murase.

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Friday 2/2 Insider Buying Report: MATW  NOW PLAYING
Friday 2/2 Insider Buying Report: MATW
Friday, February 2, 10:35 AM ET
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