Thursday 3/13 Insider Buying Report: CXW, RSH

By
A A A

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 Corrections Corporation of America ( CXW ), a filing with the SEC revealed that on Monday, Director Thurgood Marshall Jr. purchased 7,200 shares of CXW, for a cost of $33.23 each, for a total investment of $239,256. Marshall Jr. was up about 2.4% on the buy at the high point of today's trading session, with CXW trading as high as $34.04 in trading on Thursday. Corrections Corporation of America is trading down about 0.7% on the day Thursday.


And on Tuesday, EVP-CFO John W. Feray purchased $212,482 worth of RadioShack Corp. ( RSH ), purchasing 100,000 shares at a cost of $2.12 a piece. RadioShack Corp. is trading up about 3.7% on the day Thursday. So far Feray is in the green, up about 6.8% on their buy based on today's trading high of $2.27.

Thursday 3/13 Insider Buying Report: CXW, RSH VIDEO: Thursday 3/13 Insider Buying Report: CXW, RSH



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: CXW , RSH

BNK Invest

BNK Invest

More from BNK Invest:

Related Videos

Stocks

Referenced

Most Active by Volume

100,376,898
  • $17.62 ▲ 0.51%
83,231,837
  • $25.62 ▲ 1.91%
75,739,329
  • $111.78 ▼ 0.77%
65,297,937
  • $36.37 ▼ 1.76%
59,053,093
  • $47.66 ▲ 0.29%
53,482,350
  • $2.59 ▼ 0.38%
51,504,284
  • $7.34 ▲ 2.37%
51,434,656
  • $8.14 ▲ 6.96%
As of 12/19/2014, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com