Wednesday 9/8 Insider Buying Report: DPW, WOOF

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 Ault Global Holdings, a filing with the SEC revealed that on Tuesday, Executive Chairman Milton C.

Ault III purchased 507,400 shares of DPW, for a cost of $2.66 each, for a total investment of $1.35M.

Ault III was up about 6.7% on the purchase at the high point of today's trading session, with DPW trading as high as $2.84 at last check today.

Ault Global Holdings is trading up about 1.7% on the day Wednesday.

Before this latest buy, Ault III bought DPW at 12 other times during the past twelve months, for a total cost of $346,566 at an average of $2.48 per share.

And at Petco Health & Wellness, there was insider buying on Tuesday, by CEO & Chairman Ron Coughlin who purchased 46,600 shares at a cost of $21.72 each, for a total investment of $1.01M.

Before this latest buy, Coughlin made one other buy in the past twelve months, purchasing $21,600 shares at a cost of $18.00 each.

Petco Health & Wellness is trading up about 2% on the day Wednesday.

Coughlin was up about 5.2% on the buy at the high point of today's trading session, with WOOF trading as high as $22.86 in trading on Wednesday.