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 Monday, Neuronetics (NASDAQ:STIM)'s Director, Glenn P. Muir, made a $680,000 buy of STIM, purchasing 40,000 shares at a cost of $17.00 each. So far Muir is in the green, up about 61.1% on their purchase based on today's trading high of $27.39. Neuronetics is trading up about 1.4% on the day Friday.
And at PICO Holdings (PICO), there was insider buying on Tuesday, by Director Gregory Bylinsky who bought 31,188 shares for a cost of $11.63 each, for a total investment of $362,825. Before this latest buy, Bylinsky made one other purchase in the past twelve months, buying $13,768 shares at a cost of $11.55 a piece. PICO Holdings is trading up about 2.1% on the day Friday. So far Bylinsky is in the green, up about 6.2% on their buy based on today's trading high of $12.35.
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 7.6%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 7.6%.
ValueForum has been a life changer for me. 
Free Email Alerts By Stock:
Launch related slideshow:
Friday 11/7 Insider Buying Report: NBTB, JBLU
Friday 11/7 Insider Buying Report: OHI, NCLH
Thursday 11/6 Insider Buying Report: TDUP, NTRS
Nasdaq 100 Movers: MCHP, MNST
S&P 500 Movers: XYZ, EXPE
Dow Movers: CAT, KO
S&P 500 Analyst Moves: APO
Dow Analyst Moves: CSCO
S&P 500 Analyst Moves: HBAN
Friday Sector Laggards: Semiconductors, Biotechnology Stocks
Friday Sector Leaders: Food, Beverages & Wineries
Thursday Sector Laggards: Textiles, Electronic Equipment & Products
Friday's ETF with Unusual Volume: SGRT
Friday's ETF Movers: XLP, XSD
MSTU, ETHI: Big ETF Inflows
Daily Dividend Report: UPS,CHRW,VHI,SNA,UNH,TMO
Daily Dividend Report: ROP,SF,BDX,DD,ADM
Daily Dividend Report: MMM,PRU,CMA,ENB,COF
Fed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 14, 2015
Weekly Market Wrap: August 7, 2015
Weekly Market Wrap: July 31, 2015
Week Ahead Market Report: June 8, 2015
Week Ahead Market Report: May 18, 2015
Week Ahead Market Report: May 4, 2015