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 Cantaloupe, a filing with the SEC revealed that on Monday, Director Douglas Bergeron purchased 284,000 shares of CTLP, at a cost of $7.40 each, for a total investment of $2.10M. Bergeron was up about 11.0% on the purchase at the high point of today's trading session, with CTLP trading as high as $8.21 in trading on Tuesday. Cantaloupe is trading up about 8% on the day Tuesday. This purchase marks the first one filed by Bergeron in the past year.
And at Armada Hoffler Properties, there was insider buying on Thursday, by Director Daniel A. Hoffler who bought 95,238 shares at a cost of $10.50 each, for a total investment of $999,999. Armada Hoffler Properties is trading off about 0.3% on the day Tuesday. Hoffler was up about 5.9% on the buy at the high point of today's trading session, with AHH trading as high as $11.12 at last check today.
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%.
Free Email Alerts By Stock:
Launch related slideshow:
Friday 10/4 Insider Buying Report: GTE, BCLI
Thursday 10/3 Insider Buying Report: LUV, MOFG
Wednesday 10/2 Insider Buying Report: HP, FTHY
Nasdaq 100 Movers: XEL, LULU
S&P 500 Movers: CCI, UAL
Dow Movers: VZ, AMZN
S&P 500 Analyst Moves: TYL
S&P 500 Analyst Moves: BSX
S&P 500 Analyst Moves: FSLR
Friday Sector Laggards: General Contractors & Builders, Shipping Stocks
Friday Sector Leaders: Apparel Stores, Specialty Retail Stocks
Wednesday Sector Laggards: General Contractors & Builders, Textiles
Friday's ETF with Unusual Volume: SPYX
Friday's ETF Movers: LIT, ITB
XLF, PBOC: Big ETF Outflows
Daily Dividend Report: APOG,CSX,AZZ,RPM,LXFR
Daily Dividend Report: LMT, AROW, PNC, EME
Daily Dividend Report: MUR,EPD,OZK,GLW,UMH
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