Thursday 3/27 Insider Buying Report: RSE

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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 one noteworthy recent insider buy.

At Rouse Properties ( RSE ), a filing with the SEC revealed that on Wednesday, CEO Andrew Silberfein bought 15,000 shares of RSE, for a cost of $16.36 each, for a total investment of $245,370. So far Silberfein is in the green, up about 4.6% on their buy based on today's trading high of $17.11. Rouse Properties is trading up about 3.7% on the day Thursday. Before this latest buy, Silberfein bought RSE on 2 other occasions during the past twelve months, for a total cost of $489,235 at an average of $19.57 per share.

Thursday 3/27 Insider Buying Report: RSE VIDEO: Thursday 3/27 Insider Buying Report: RSE



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

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