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.
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 JAMF Holding (JAMF), a filing with the SEC revealed that on Tuesday, Chief Operating Officer John Strosahl bought 7,692 shares of JAMF, for a cost of $26.00 each, for a total investment of $199,992.
So far Strosahl is in the green, up about 49.0% on their purchase based on today's trading high of $38.75.
JAMF is trading down about 4.2% on the day Friday.
This buy marks the first one filed by Strosahl in the past twelve months.
And on Wednesday, Director Christopher J.
McCormick purchased $45,129 worth of Levi Strauss & Co.
(LEVI), purchasing 3,786 shares at a cost of $11.92 each.
This purchase marks the first one filed by McCormick in the past year.
Levi Strauss & Co.
Is trading up about 2% on the day Friday.
So far McCormick is in the green, up about 4.4% on their buy based on today's trading high of $12.45.