Monday 5/5 Insider Buying Report: ECL, ADT

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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 dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

At Ecolab ( ECL ), a filing with the SEC revealed that on Thursday, Director Jerry A. Grundhofer purchased 4,700 shares of ECL, at a cost of $104.37 each, for a total investment of $490,517. Ecolab is trading up about 0.5% on the day Monday. This purchase marks the first one filed by Grundhofer in the past twelve months.

And on Friday, Chief Executive Officer Naren K. Gursahaney purchased $303,294 worth of ADT Corp ( ADT ), purchasing 10,000 shares at a cost of $30.33 a piece. ADT Corp is trading up about 2.1% on the day Monday.

Monday 5/5 Insider Buying Report: ECL, ADT VIDEO: Monday 5/5 Insider Buying Report: ECL, ADT



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: ECL , ADT

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