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Wednesday, 1 May 2024

Tuesday 9/28 Insider Buying Report: HOMB, CODI

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Tuesday 9/28 Insider Buying Report: HOMB, CODI
Tuesday 9/28 Insider Buying Report: HOMB, CODI

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 Home BancShares, a filing with the SEC revealed that on Monday, CEO John W.

Allison bought 10,000 shares of HOMB, at a cost of $23.98 each, for a total investment of $239,839.

Home BancShares Inc is trading up about 0.3% on the day Tuesday.

And at Compass Diversified, there was insider buying on Friday, by Patrick A.

Maciariello who bought 5,000 shares for a cost of $27.51 each, for a trade totaling $137,560.

This purchase marks the first one filed by Maciariello in the past twelve months.

Compass Diversified is trading up about 0.9% on the day Tuesday.

Maciariello was up about 4.5% on the buy at the high point of today's trading session, with CODI trading as high as $28.75 at last check today.

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