Monday 7/21 Insider Buying Report: IRMD, MRTN

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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.

On Monday, Iradimed ( IRMD )'s Director, James B. Hawkins, made a $500,000 buy of IRMD, purchasing 80,000 shares at a cost of $6.25 each. Hawkins was up about 43.5% on the purchase at the high point of today's trading session, with IRMD trading as high as $8.97 at last check today. Iradimed is trading off about 0.5% on the day Monday. This buy marks the first one filed by Hawkins in the past year.


And on Friday, President Timothy M. Kohl bought $25,037 worth of Marten Transport ( MRTN ), buying 1,200 shares at a cost of $20.86 a piece. Marten Transport is trading up about 0.5% on the day Monday. Kohl was up about 2.6% on the buy at the high point of today's trading session, with MRTN trading as high as $21.40 at last check today.

Monday 7/21 Insider Buying Report: IRMD, MRTN VIDEO: Monday 7/21 Insider Buying Report: IRMD, MRTN



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: IRMD , MRTN

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