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 Wednesday, Ionq's , William F. Scannell, made a $2.03M buy of IONQ, purchasing 93,066 shares at a cost of $21.81 a piece. Ionq is trading down about 2.6% on the day Thursday. This buy marks the first one filed by Scannell in the past year.
And on Monday, Director Joshua G. Welch purchased $509,166 worth of America's Car-Mart, purchasing 12,000 shares at a cost of $42.43 each. Before this latest buy, Welch made one other purchase in the past twelve months, buying $999,965 shares at a cost of $43.00 a piece. America's Car-Mart is trading up about 4.5% on the day Thursday. Welch was up about 12.9% on the purchase at the high point of today's trading session, with CRMT trading as high as $47.89 in trading on Thursday.
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%.
This is one of the brightest and most generous groups
Free Email Alerts By Stock:
Launch related slideshow:
Tuesday 4/22 Insider Buying Report: USB
Thursday 4/17 Insider Buying Report: FBK, NWTG
Wednesday 4/16 Insider Buying Report: WDFC, RVP
Nasdaq 100 Movers: FTNT, MSTR
S&P 500 Movers: NOC, EFX
Dow Movers: VZ, MMM
Dow Analyst Moves: Nike
S&P 500 Analyst Moves: WDAY
Dow Analyst Moves: HON
Tuesday Sector Laggards: Defense, Railroads
Tuesday Sector Leaders: General Contractors & Builders, Biotechnology Stocks
Monday Sector Laggards: Hospital & Medical Practitioners, Transportation Services
Tuesday's ETF with Unusual Volume: FNDC
Tuesday's ETF Movers: SPXL, KLMN
FXI, DVSP: Big ETF Outflows
Daily Dividend Report: SYF,EFX,PSX,SMG,HXL
Daily Dividend Report: ED,TXN,QCOM,POR,LHX
Daily Dividend Report: SIRI,PB,COST,CBU,JBL
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