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 cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
On Wednesday, Cion Investment's CFO & Treasurer, Keith S. Franz, made a $208,800 purchase of CION, buying 15,000 shares at a cost of $13.92 a piece. So far Franz is in the green, up about 5.7% on their buy based on today's trading high of $14.71. Cion Investment is trading off about 0.2% on the day Monday. This purchase marks the first one filed by Franz in the past twelve months.
And also on Wednesday, Director Nicholas J. Valeriani purchased $168,345 worth of Edwards Lifesciences, purchasing 1,500 shares at a cost of $112.23 a piece. Edwards Lifesciences is trading up about 2.7% on the day 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 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.