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, Conduent's Director, Harshavardhan V. Agadi, made a $281,000 purchase of CNDT, buying 100,000 shares at a cost of $2.81 a piece. Bargain hunters can snag CNDT even cheaper than Agadi did, with the stock changing hands as low as $2.61 in trading on Friday which is 7.1% below Agadi's purchase price. Conduent is trading up about 1.7% on the day Friday.
And on Monday, Raymond B. Ruddy bought $99,962 worth of MAXIMUS, buying 1,435 shares at a cost of $69.66 each. Before this latest buy, Ruddy made one other purchase in the past year, buying $249,395 shares for a cost of $71.46 each. MAXIMUS is trading down about 2.7% on the day Friday. Bargain hunters are able to pick up MMS at a price even lower than Ruddy did, with the stock changing hands as low as $67.25 at last check today which is 3.5% under Ruddy's purchase price.
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 has helped me be very successful. 
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
Dow Movers: SHW, MCD
Nasdaq 100 Movers: GILD, MSTR
S&P 500 Movers: ALB, AXON
Dow Analyst Moves: CAT
Dow Analyst Moves: Nike
Dow Analyst Moves: GS
Wednesday Sector Laggards: Food, Beverages & Wineries
Wednesday Sector Leaders: Biotechnology, Drugs
Tuesday Sector Leaders: Biotechnology, Oil & Gas Exploration & Production Stocks
Friday's ETF with Unusual Volume: MDIV
Friday's ETF Movers: SILJ, SVOL
MSTU, LRND: Big ETF Outflows
Daily Dividend Report: R, TMO, PSX, TRGP
Daily Dividend Report: UNM, PAYX, LH, AGNC
Daily Dividend Report: MMC,MET,PG,O,PCAR
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