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 Tuesday, WillScot Mobile Mini Holdings' Director, Jeffrey S.
Goble, made a $253,800 purchase of WSC, buying 12,000 shares at a cost of $21.15 a piece.
WillScot Mobile Mini Holdings is trading up about 0.1% on the day Friday.
This buy marks the first one filed by Goble in the past twelve months.
And on Wednesday, CEO Howard Levkowitz bought $218,938 worth of TCP Capital, buying 20,000 shares at a cost of $10.95 each.
TCP Capital is trading up about 3.7% on the day Friday.
Investors can bag TCPC at a price even lower than Levkowitz did, with the stock trading as low as $10.74 at last check today -- that's 1.9% under Levkowitz's purchase price.