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 Convey Holding Parent, a filing with the SEC revealed that on Friday, Managing Partner & EVP Kyle Stern purchased 38,760 shares of CNVY, for a cost of $13.12 each, for a total investment of $508,531.
Bargain hunters can bag CNVY even cheaper than Stern did, with shares trading as low as $11.39 at last check today which is 13.2% under Stern's purchase price.
Convey Holding Parent is trading off about 1.1% on the day Tuesday.
This purchase marks the first one filed by Stern in the past year.
And on Monday, Director Mark J.
Alles purchased $162,680 worth of Turning Point Therapeutics, purchasing 2,000 shares at a cost of $81.34 each.
This buy marks the first one filed by Alles in the past year.
Turning Point Therapeutics is trading off about 0.2% on the day Tuesday.
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider..
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..
