Tuesday 4/8 Insider Buying Report: PIH, AEY

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.

On Friday, 1347 Property Insurance Holdings ( PIH )'s Director, Leo Christopher Saenger III, made a $100,000 buy of PIH, purchasing 12,500 shares at a cost of $8.00 each. So far Saenger III is in the green, up about 12.4% on their purchase based on today's trading high of $8.99. 1347 Property Insurance Holdings is trading down about 0.5% on the day Tuesday.

And on Thursday, CEO David Humphrey purchased $38,000 worth of ADDvantage Technologies Group ( AEY ), purchasing 11,838 shares at a cost of $3.21 a piece. ADDvantage Technologies Group is trading up about 5.5% on the day Tuesday.

Tuesday 4/8 Insider Buying Report: PIH, AEY VIDEO: Tuesday 4/8 Insider Buying Report: PIH, AEY



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: PIH , AEY

BNK Invest

BNK Invest

More from BNK Invest:

Related Videos

Stocks

Referenced

Most Active by Volume

61,354,178
  • $10.59 ▲ 13.26%
57,732,182
  • $16.27 ▲ 1.12%
51,991,548
  • $103.30 ▲ 0.78%
48,129,834
  • $20.65 ▲ 5.52%
41,623,916
  • $12.63 ▲ 8.13%
34,295,241
  • $76.68 ▲ 2.49%
31,519,079
  • $34.57 ▼ 1.00%
28,847,879
  • $3.64 ▲ 0.28%
As of 9/2/2014, 04:15 PM

Find a Credit Card

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