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 NB Bancorp, a filing with the SEC revealed that on Monday, CEO Joseph P. Campanelli purchased 7,000 shares of NBBK, at a cost of $16.26 each, for a total investment of $113,828. NB Bancorp is trading down about 1.1% on the day Friday. Before this latest buy, Campanelli purchased NBBK on 2 other occasions during the past year, for a total investment of $172,274 at an average of $17.23 per share.
And on Thursday, Director Amin Tarang bought $100,894 worth of J.M. Smucker, buying 1,050 shares at a cost of $96.09 each. Before this latest buy, Amin made one other purchase in the past twelve months, buying $100,511 shares for a cost of $114.87 each. J.M. Smucker is trading off about 0.2% on the day Friday. So far Amin is in the green, up about 2.2% on their buy based on today's trading high of $98.21.
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%.
The best money I have EVER spent, is for membership. 
Free Email Alerts By Stock:
Launch related slideshow:
Friday 7/11 Insider Buying Report: CALC, OMCC
Thursday 7/10 Insider Buying Report: STZ, ORCL
Tuesday 7/8 Insider Buying Report: MWA, NTWK
Nasdaq 100 Movers: MU, APP
S&P 500 Movers: WAT, ANSS
Dow Movers: PG, BA
Dow Analyst Moves: VZ
Dow Analyst Moves: CAT
Dow Analyst Moves: Nike
Monday Sector Leaders: Defense, Electronic Equipment & Products
Monday Sector Laggards: Oil & Gas Exploration & Production, Agriculture & Farm Products
Wednesday Sector Laggards: Food, Beverages & Wineries
Monday's ETF with Unusual Volume: FTXG
Monday's ETF Movers: BLOK, OIH
HYG, AVS: Big ETF Outflows
Daily Dividend Report: AES,FAST,AON,CBT,VMC
Daily Dividend Report: R, TMO, PSX, TRGP
Daily Dividend Report: UNM, PAYX, LH, AGNC
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