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 NOW PLAYING: Monday 4/29 Insider Buying Report: IBTX, ORIT
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 4/29, 10:30 AM ET, Market News Video
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Monday 4/29 Insider Buying Report: IBTX, ORIT (4/29, 10:31 AM ET) -- 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 Thursday, Independent Bank Group (IBTX)'s CLO, Brian E. Hobart, made a $100,061 buy of IBTX, purchasing 1,790 shares at a cost of $55.90 each. Independent Bank Group is trading up about 0.9% on the day Monday. Before this latest buy, Hobart bought IBTX at 4 other times during the past year, for a total cost of $499,574 at an average of $52.75 per share.

And at Oritani Financial Corp (ORIT), there was insider buying on Friday, by Director Judith Schumacher-Tilton who bought 5,000 shares for a cost of $17.03 each, for a total investment of $85,169. Before this latest buy, Schumacher-Tilton purchased ORIT at 3 other times during the past twelve months, for a total investment of $289,574 at an average of $16.09 per share. Oritani Financial Corp is trading up about 1.8% on the day Monday. So far Schumacher-Tilton is in the green, up about 3.1% on their purchase based on today's trading high of $17.57.

For MarketNewsVideo.com, I'm Sayoko Murase.

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