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 Tuesday, Catalyst Bancorp's PRESIDENT AND CEO, Joseph B. Zanco, made a $172,423 purchase of CLST, buying 14,583 shares at a cost of $11.82 each. Bargain hunters are able to grab CLST at a price even lower than Zanco did, with the stock changing hands as low as $11.60 in trading on Thursday -- that's 1.9% below Zanco's purchase price. Catalyst Bancorp is trading down about 1.6% on the day Thursday. This buy marks the first one filed by Zanco in the past twelve months.
And on Wednesday, Director Jason T. Adelman bought $66,000 worth of Greenwave Technology Solutions, buying 100,000 shares at a cost of $0.66 a piece. This buy marks the first one filed by Adelman in the past twelve months. Greenwave Technology Solutions is trading up about 16.3% on the day Thursday. Adelman was up about 65.2% on the purchase at the high point of today's trading session, with GWAV trading as high as $1.09 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%.
ValueForum will expose you to a wealth of ideas and sectors,
Free Email Alerts By Stock:
Launch related slideshow:
Friday 1/17 Insider Buying Report: VYNE
Thursday 1/16 Insider Buying Report: NEOG, FRD
Wednesday 1/15 Insider Buying Report: TAYD, ANIX
Nasdaq 100 Movers: IDXX, INTC
S&P 500 Movers: JBHT, INTC
Dow Movers: MRK, CRM
S&P 500 Analyst Moves: SNPS
S&P 500 Analyst Moves: CRWD
Dow Analyst Moves: CRM
Friday Sector Laggards: Trucking, Grocery & Drug Stores
Friday Sector Leaders: Semiconductors, Metals & Mining Stocks
Thursday Sector Leaders: Railroads, Electric Utilities
Friday's ETF with Unusual Volume: GVUS
Friday's ETF Movers: BLOK, ARGT
XLF, EGGY: Big ETF Inflows
Daily Dividend Report: WEC,KEY,FAST,ED,VLO
Daily Dividend Report: APD,MCBS,CRS,BCO,PPG,MMC
Daily Dividend Report: TGT,BK,ENTG,O,MSA 
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