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.
At Strawberry Fields REIT, a filing with the SEC revealed that on Thursday, CEO Moishe Gubin bought 250,567 shares of STRW, at a cost of $11.16 each, for a total investment of $2.8M. Investors can grab STRW even cheaper than Gubin did, with shares changing hands as low as $10.05 at last check today which is 9.9% under Gubin's purchase price. Strawberry Fields REIT is trading up about 6% on the day Monday. Before this latest buy, Gubin made one other purchase in the past year, buying $94,814 shares for a cost of $9.95 each.
And also on Thursday, CEO Henry A. Fernandez bought $1.78M worth of MSCI, buying 2,900 shares at a cost of $612.80 a piece. Before this latest buy, Fernandez made one other buy in the past twelve months, purchasing $6.06M shares for a cost of $465.92 each. MSCI is trading up about 0.4% on the day Monday. So far Fernandez is in the green, up about 1.2% on their purchase based on today's trading high of $620.08.
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