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.
On Thursday, Fastenal's Director, Michael J.
Ancius, made a $29,049 buy of FAST, purchasing 600 shares at a cost of $48.41 a piece.
Fastenal Co.
Is trading down about 0.5% on the day Tuesday.
Before this latest buy, Ancius purchased FAST at 4 other times during the past year, for a total cost of $81,275 at an average of $39.74 per share.
And on Monday, Director Nancy E.
Calderon bought $14,776 worth of Northern Technologies International, buying 1,000 shares at a cost of $14.78 a piece.
Before this latest buy, Calderon made one other purchase in the past twelve months, buying $8,600 shares at a cost of $8.60 a piece.
Northern Technologies International is trading up about 3.5% on the day Tuesday.
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider..
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider..
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider..