Friday 3/14 Insider Buying Report: GMCR, SCM

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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.

At Keurig Green Mountain ( GMCR ), a filing with the SEC revealed that on Monday, Director Norman H. Wesley purchased 11,000 shares of GMCR, for a cost of $105.06 each, for a total investment of $1.16M. Wesley was up about 10.3% on the buy at the high point of today's trading session, with GMCR trading as high as $115.92 at last check today. Keurig Green Mountain is trading up about 7.8% on the day Friday. Before this latest buy, Wesley made one other purchase in the past year, buying $682,500 shares at a cost of $68.25 a piece.

And at Stellus Capital Investment Corporation ( SCM ), there was insider buying on Thursday, by Director Joshua T. Davis who bought 14,072 shares at a cost of $14.51 each, for a total investment of $204,201. Stellus Capital Investment Corporation is trading up about 0.1% on the day Friday. Davis was up about 1.2% on the buy at the high point of today's trading session, with SCM trading as high as $14.69 at last check today.

Friday 3/14 Insider Buying Report: GMCR, SCM VIDEO: Friday 3/14 Insider Buying Report: GMCR, SCM



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: GMCR , SCM

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