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.
On Monday, TransMedics Group's Director, Edwin M.
Kania Jr., made a $2.26M purchase of TMDX, buying 100,000 shares at a cost of $22.56 a piece.
So far Kania Jr. is in the green, up about 8.8% on their purchase based on today's trading high of $24.55.
TransMedics Group is trading up about 9.8% on the day Wednesday.
And at Hanover Insurance Group, there was insider buying on Tuesday, by Executive Vice President Jeffrey M.
Farber who bought 5,000 shares for a cost of $123.60 each, for a trade totaling $617,980.
This purchase marks the first one filed by Farber in the past twelve months.
Hanover Insurance Group is trading up about 3.5% on the day Wednesday.
Farber was up about 2.1% on the buy at the high point of today's trading session, with THG trading as high as $126.20 in trading on Wednesday.