Thursday 7/3 Insider Buying Report: NSL

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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 one noteworthy recent insider buy.

On Tuesday, Scott C. Caraher bought $42,054 worth of Nuveen Senior Income Fund ( NSL ), buying 6,000 shares at a cost of $7.01 each. Nuveen Senior Income Fund is trading off about 0.6% on the day Thursday. Investors can buy NSL even cheaper than Caraher did, with shares changing hands as low as $6.90 at last check today which is 1.6% under Caraher's purchase price.

Thursday 7/3 Insider Buying Report: NSL VIDEO: Thursday 7/3 Insider Buying Report: NSL



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: NSL

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