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 Thursday, Curtiss-Wright's Director, Rita J. Heise, made a $22,537 purchase of CW, buying 164 shares at a cost of $137.42 each. Investors are able to buy CW even cheaper than Heise did, with shares trading as low as $131.89 at last check today which is 4.0% below Heise's purchase price. Curtiss-Wright is trading down about 2.1% on the day Friday. Before this latest buy, Heise made one other buy in the past twelve months, purchasing $22,698 shares at a cost of $122.69 each.
And at Knowles, there was insider buying on Thursday, by President, Intelligent Audio Michael S. Polacek who purchased 936 shares at a cost of $15.95 each, for a total investment of $14,929. Before this latest buy, Polacek purchased KN at 10 other times during the past twelve months, for a total cost of $163,534 at an average of $15.26 per share. Knowles is trading off about 4% on the day Friday. Investors have the opportunity to grab KN at a price even lower than Polacek did, with shares trading as low as $14.70 at last check today — that's 7.8% below Polacek's purchase price.
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%.