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, Rocky Mountain Chocolate Factory's , Bradley Louis Radoff, made a $550,514 purchase of RMCF, buying 66,735 shares at a cost of $8.25 each. So far Radoff is in the green, up about 9.1% on their buy based on today's trading high of $9.00. Rocky Mountain Chocolate Factory is trading up about 3.6% on the day Friday. Before this latest buy, Radoff purchased RMCF at 2 other times during the past year, for a total investment of $185,288 at an average of $7.41 per share.
And at Norwood Financial, there was insider buying on Thursday, by Director Alexandra K. Nolan who bought 10,000 shares for a cost of $25.25 each, for a total investment of $252,500. Before this latest buy, Nolan purchased NWFL at 5 other times during the past twelve months, for a total cost of $2.31M at an average of $25.43 per share. Norwood Financial is trading up about 0.8% on the day Friday.
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%.
I joined almost three years ago and have
Free Email Alerts By Stock:
Launch related slideshow:
Friday 3/14 Insider Buying Report: ARES, TREE
Thursday 3/13 Insider Buying Report: IONQ, CRMT
Wednesday 3/12 Insider Buying Report: LKFN, PSBD
Nasdaq 100 Movers: TMUS, MU
S&P 500 Movers: ABT, SNDK
Dow Movers: VZ, NVDA
S&P 500 Analyst Moves: MLM
S&P 500 Movers: ADBE, INTC
S&P 500 Analyst Moves: DE
Friday Sector Laggards: Cigarettes & Tobacco, Textiles
Friday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Semiconductors
Thursday Sector Laggards: Waste Management, Apparel Stores
Friday's ETF with Unusual Volume: PSP
Friday's ETF Movers: SPXL, USCA
SOXL, BNDS: Big ETF Inflows
Daily Dividend Report: WPC,WPM,UDR,KR,TEL
Daily Dividend Report: NLY,O,MMC,CION,NFG
Daily Dividend Report: MSFT,SPTN,USB,TOLL,ADC
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