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.
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.
On Friday, VICI Properties' Director, James R.
Abrahamson, made a $228,625 buy of VICI, purchasing 7,750 shares at a cost of $29.50 each.
So far Abrahamson is in the green, up about 1.4% on their purchase based on today's trading high of $29.90.
VICI Properties is trading up about 0.4% on the day Tuesday.
Before this latest buy, Abrahamson purchased VICI at 2 other times during the past twelve months, for a total cost of $495,024 at an average of $27.05 per share.
And at Herbalife Nutrition, there was insider buying on Friday, by CEO John O.
Agwunobi who bought 5,000 shares for a cost of $44.90 each, for a trade totaling $224,516.
Before this latest buy, Agwunobi made one other buy in the past twelve months, purchasing $250,565 shares for a cost of $48.19 each.
Herbalife Nutrition is trading up about 0.2% on the day Tuesday.