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.
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.
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 Aileron Therapeutics, a filing with the SEC revealed that on Friday, Muneer A.
Satter purchased 9,000,000 shares of ALRN, for a cost of $1.10 each, for a total investment of $9.9M.
So far Satter is in the green, up about 72.7% on their buy based on today's trading high of $1.90.
Aileron Therapeutics is trading up about 40.7% on the day Monday.
Before this latest buy, Satter made one other buy in the past twelve months, purchasing $4.07M shares at a cost of $1.10 each.
And also on Friday, Director Richard H.
Lenny bought $336,952 worth of Conagra Brands, buying 10,000 shares at a cost of $33.70 a piece.
Conagra Brands is trading off about 1.5% on the day Monday.