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 Friday, WillScot Mobile Mini Holdings's Director, Mark S.
Bartlett, made a $700,720 purchase of WSC, buying 25,000 shares at a cost of $28.03 a piece.
So far Bartlett is in the green, up about 4.9% on their buy based on today's trading high of $29.41.
WillScot Mobile Mini Holdings is trading up about 0.4% on the day Tuesday.
This purchase marks the first one filed by Bartlett in the past year.
And on Thursday, Director Terrance McGuire bought $299,997 worth of Cyclerion Therapeutics, buying 96,153 shares at a cost of $3.12 each.
Cyclerion Therapeutics is trading up about 16.7% on the day Tuesday.
So far McGuire is in the green, up about 22.4% on their purchase based on today's trading high of $3.82.