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 cash 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 cash to make a purchase, is that they expect to make money.
Today we look at two noteworthy recent insider buys.
On Thursday, Evergy's CEO, David A.
Campbell, made a $499,699 purchase of EVRG, buying 7,850 shares at a cost of $63.66 each.
Evergy is trading up about 1.6% on the day Monday.
Before this latest buy, Campbell made one other buy in the past year, purchasing $529,195 shares at a cost of $52.92 a piece.
And on Friday, CEO Joey Agree bought $247,945 worth of Agree Realty, buying 3,670 shares at a cost of $67.56 each.
Before this latest buy, Agree purchased ADC at 2 other times during the past twelve months, for a total investment of $1.51M at an average of $64.98 per share.
Agree Realty is trading up about 0.8% on the day Monday.