Friday 5/2 Insider Buying Report: OKSB, AGIO

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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.

On Wednesday, Southwest Bancorp ( OKSB )'s Director, James M. Morris II, made a $100,740 buy of OKSB, purchasing 6,000 shares at a cost of $16.79 a piece. Southwest Bancorp is trading down about 0.1% on the day Friday.

And at Agios Pharmaceuticals ( AGIO ), there was insider buying on Tuesday, by Director John Maraganore who bought 2,250 shares at a cost of $44.00 each, for a total investment of $99,000. Before this latest buy, Maraganore made one other purchase in the past twelve months, buying $149,994 shares at a cost of $18.00 a piece. Agios Pharmaceuticals is trading down about 3.3% on the day Friday.

Friday 5/2 Insider Buying Report: OKSB, AGIO VIDEO: Friday 5/2 Insider Buying Report: OKSB, AGIO



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: OKSB , AGIO

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