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Tuesday 2/13 Insider Buying Report: T, WFC
Tuesday, February 13, 10:35 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 Friday, AT&T (NYSE:T)'s John Donovan, made a $998,838 purchase of T, buying 27,997 shares at a cost of $35.68 a piece. So far Donovan is in the green, up about 1.9% on their buy based on today's trading high of $36.34. AT&T Inc is trading down about 0.9% on the day Tuesday. This purchase marks the first one filed by Donovan in the past twelve months.

And on Monday, Director Ronald Sargent bought $503,820 worth of Wells Fargo & Co. (NYSE:WFC), buying 9,000 shares at a cost of $55.98 a piece. Before this latest buy, Sargent made one other purchase in the past year, buying $499,108 shares at a cost of $55.15 a piece. Wells Fargo & Co. is trading up about 0.4% on the day Tuesday.

For MarketNewsVideo.com, I'm Sayoko Murase.

Tuesday 2/13 Insider Buying Report: T, WFC picture
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Tuesday, October 16, 1:35 PM ET
Tuesday Sector Leaders: Consumer Services, Drugs Tuesday Sector Leaders: Consumer Services, Drugs
Tuesday, October 16, 1:34 PM ET
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Monday Sector Laggards: Oil & Gas Refining & Marketing, Biotechnology Stocks Monday Sector Laggards: Oil & Gas Refining & Marketing, Biotechnology Stocks
Monday, October 15, 4:46 PM ET
Monday Sector Leaders: Defense, Publishing Stocks Monday Sector Leaders: Defense, Publishing Stocks
Monday, October 15, 4:45 PM ET
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Friday Sector Laggards: Banking & Savings, Vehicle Manufacturers Friday Sector Laggards: Banking & Savings, Vehicle Manufacturers
Friday, October 12, 1:13 PM ET
Friday Sector Leaders: Department Stores, Apparel Stores Friday Sector Leaders: Department Stores, Apparel Stores
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Thursday Sector Laggards: Life & Health Insurance, Oil & Gas Exploration & Production Stocks Thursday Sector Laggards: Life & Health Insurance, Oil & Gas Exploration & Production Stocks
Thursday, October 11, 2:59 PM ET
Thursday Sector Leaders: Precious Metals, Rental, Leasing, & Royalty Stocks Thursday Sector Leaders: Precious Metals, Rental, Leasing, & Royalty Stocks
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Wednesday Sector Laggards: Railroads, Rental, Leasing, & Royalty Stocks Wednesday Sector Laggards: Railroads, Rental, Leasing, & Royalty Stocks
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Wednesday Sector Leaders: Cigarettes & Tobacco, Gas Utilities Wednesday Sector Leaders: Cigarettes & Tobacco, Gas Utilities
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Tuesday Sector Laggards: Packaging & Containers, Rubber & Plastics Tuesday Sector Laggards: Packaging & Containers, Rubber & Plastics
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Tuesday Sector Leaders: Cigarettes & Tobacco, Oil & Gas Exploration & Production Stocks Tuesday Sector Leaders: Cigarettes & Tobacco, Oil & Gas Exploration & Production Stocks
Tuesday, October 9, 1:31 PM ET
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Monday Sector Laggards: Application Software, Biotechnology Stocks Monday Sector Laggards: Application Software, Biotechnology Stocks
Monday, October 8, 1:32 PM ET
Monday Sector Leaders: Cigarettes & Tobacco, Water Utilities Monday Sector Leaders: Cigarettes & Tobacco, Water Utilities
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Tuesday 2/13 Insider Buying Report: T, WFC  NOW PLAYING
Tuesday 2/13 Insider Buying Report: T, WFC
Tuesday, February 13, 10:35 AM ET
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