Monday 3/1 Insider Buying Report: CNNE, DHIL

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 Cannae Holdings, a filing with the SEC revealed that on Wednesday, Chief Executive Officer Richard N.

Massey bought 10,000 shares of CNNE, for a cost of $39.78 each, for a total investment of $397,836.

Cannae Holdings Inc is trading up about 8% on the day Monday.

Before this latest buy, Massey purchased CNNE on 4 other occasions during the past year, for a total investment of $2.44M at an average of $36.56 per share.

And on Friday, Director Richard Scott Cooley bought $213,000 worth of Diamond Hill Investment Group, buying 1,500 shares at a cost of $142.00 each.

Diamond Hill Investment Group is trading up about 2.1% on the day Monday.

So far Cooley is in the green, up about 4.2% on their buy based on today's trading high of $147.97.