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 GE HealthCare Technologies, a filing with the SEC revealed that on Friday, Chief Financial Officer James Saccaro bought 3,310 shares of GEHC, for a cost of $60.60 each, for a total investment of $200,585. GE HealthCare Technologies Inc is trading down about 0.1% on the day Friday.
And on Thursday, CEO Stephen D. Griffin purchased $149,881 worth of Anika Therapeutics, purchasing 12,200 shares at a cost of $12.29 a piece. Anika Therapeutics is trading up about 17.4% on the day Friday. So far Griffin is in the green, up about 22.3% on their buy based on today's trading high of $15.02.
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 8.2%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.2%.
I absolutely consider this site the most important
Free Email Alerts By Stock:
Launch related slideshow:
Friday 7/10 Insider Buying Report: MWA, CNXC
Friday 7/10 Insider Buying Report: WRAP, UUUU
Thursday 7/9 Insider Buying Report: CNM, SWZ
Nasdaq 100 Movers: INTC, HONIV
S&P 500 Movers: MRNA, META
Dow Movers: UNH, HONIV
S&P 500 Analyst Moves: SLB
S&P 500 Analyst Moves: PANW
S&P 500 Analyst Moves: EQT
Friday Sector Leaders: Music & Electronics Stores, Textiles
Friday Sector Laggards: Biotechnology, Drugs
Thursday Sector Laggards: Shipping, Oil & Gas Exploration & Production Stocks
Friday's ETF with Unusual Volume: SIO
Friday's ETF Movers: BIZD, ARKG
XLF, QBUL: Big ETF Inflows
Daily Dividend Report: NWN,TMO,CVS,R,LH
Daily Dividend Report: PSX,EFC,AGNC,UVE,HCI,UNM
Daily Dividend Report: O,MET,EPD,SBUX,MRSH