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 Nasdaq, Inc.

This article appears in: Investing Investing Ideas
Referenced Stocks: NSL

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