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 Forian, a filing with the SEC revealed that on Friday, Martin J. Wygod purchased 30,000 shares of FORA, for a cost of $9.99 each, for a total investment of $299,640. Wygod was up about 6.6% on the purchase at the high point of today's trading session, with FORA trading as high as $10.64 in trading on Monday. Forian is trading up about 4.7% on the day Monday.
And on Thursday, CEO & President Satish Malhotra purchased $251,125 worth of Container Store Group, purchasing 420,500 shares at a cost of $12.25 each. Container Store Group, is trading off about 4% on the day Monday. Malhotra was up about 10.2% on the purchase at the high point of today's trading session, with TCS trading as high as $13.50 in trading on Monday.
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 8.3%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.3%.
ValueForum has meant the difference between mediocre
Free Email Alerts By Stock:
Launch related slideshow:
Friday 10/11 Insider Buying Report: GRAL, NUVB
Thursday 10/10 Insider Buying Report: PLAY
Monday 10/7 Insider Buying Report: ARR, OCX
Nasdaq 100 Movers: TSLA, TEAM
S&P 500 Movers: TSLA, UBER
Dow Movers: MRK, JPM
S&P 500 Analyst Moves: COP
S&P 500 Analyst Moves: AMT
Dow Analyst Moves: KO
Friday Sector Laggards: Shipping, Airlines
Friday Sector Leaders: Banking & Savings, Trucking Stocks
Thursday Sector Laggards: Home Furnishings & Improvement, Transportation Services
Friday's ETF Movers: KRE, LIT
HYG, WBAT: Big ETF Outflows
SCHX, NVDQ: Big ETF Inflows
Daily Dividend Report: ZTS,BK,FAST,CSWI,EQT
Daily Dividend Report: DPZ,PFE,RTX,ALLY,R
Daily Dividend Report: CAT,TT,MET,PG,O
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