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.
At Humana, a filing with the SEC revealed that on Monday, Director Jorge S.
Mesquita purchased 375 shares of HUM, at a cost of $403.37 each, for a total investment of $151,263.
Humana is trading up about 0.7% on the day Wednesday.
And on Friday, Chief Legal Ofcr & Secretary E.
.
Wunsch purchased $142,322 worth of Wendy's, purchasing 7,500 shares at a cost of $18.98 a piece.
This purchase marks the first one filed by Wunsch in the past twelve months.
Wendy's is trading up about 1.6% on the day Wednesday.
Wunsch was up about 8.8% on the buy at the high point of today's trading session, with WEN trading as high as $20.65 at last check today.