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 dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
At Lonestar Resources US (LONE), a filing with the SEC revealed that on Thursday, COO Barry Schneider bought 15,000 shares of LONE, for a cost of $4.60 each, for a total investment of $69,000. Lonestar Resources US is trading off about 0.7% on the day Friday. Before this latest buy, Schneider made one other buy in the past year, purchasing $20,736 shares at a cost of $2.88 a piece.
And also on Thursday, CEO Richard Lampen bought $15,982 worth of Ladenburg Thalmann Financial Services (LTS), buying 5,000 shares at a cost of $3.20 each. Before this latest buy, Lampen purchased LTS on 5 other occasions during the past year, for a total cost of $140,044 at an average of $3.11 per share. Ladenburg Thalmann Financial Services is trading up about 0.3% on the day Friday. So far Lampen is in the green, up about 2.9% on their purchase based on today's trading high of $3.29.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.