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Thursday 2/15 Insider Buying Report: CSS, HOLX
Thursday, February 15, 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 two noteworthy recent insider buys.

At CSS Industries (NYSE:CSS), a filing with the SEC revealed that on Monday, Director Rebecca C. Matthias bought 20,100 shares of CSS, at a cost of $20.95 each, for a total investment of $421,017. Bargain hunters can grab CSS at a price even lower than Matthias did, with the stock trading as low as $19.04 in trading on Thursday which is 9.1% under Matthias's purchase price. CSS Industries is trading up about 2% on the day Thursday.

And at Hologic (NASDAQ:HOLX), there was insider buying on Tuesday, by Director Namal Nawana who purchased 6,600 shares at a cost of $37.88 each, for a trade totaling $250,023. Hologic is trading up about 2.1% on the day Thursday. So far Nawana is in the green, up about 2.6% on their purchase based on today's trading high of $38.87.

For MarketNewsVideo.com, I'm Sayoko Murase.

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