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Wednesday 4/17 Insider Buying Report: HCI, MVC

Video Credit: Market News Video - Duration: 00:53s - Published < > Embed
Wednesday 4/17 Insider Buying Report: HCI, MVC

Wednesday 4/17 Insider Buying Report: HCI, MVC

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.

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Wednesday 4/17 Insider Buying Report: HCI, MVC

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 HCI Group (HCI), a filing with the SEC revealed that on Friday, Director Gregory Politis bought 4,000 shares of HCI, at a cost of $40.91 each, for a total investment of $163,620.

HCI Group is trading down about 1.3% on the day Wednesday.

And at MVC Capital (MVC), there was insider buying on Friday, by Chairman Michael T.

Tokarz who purchased 2,100 shares at a cost of $9.20 each, for a total investment of $19,320.

Before this latest buy, Tokarz made one other buy in the past year, purchasing $46,800 shares for a cost of $9.36 a piece.

MVC Capital is trading off about 0.9% on the day Wednesday.




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