Tuesday 5/20 Insider Buying Report: TTS


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 Thursday, Director Peter H. Kamin purchased $1.12M worth of Tile Shop Holdings ( TTS ), purchasing 85,700 shares at a cost of $13.11 a piece. Before this latest buy, Kamin made one other buy in the past year, purchasing $1.49M shares at a cost of $15.56 each. Tile Shop Holdings is trading up about 1.6% on the day Tuesday. Kamin was up about 12.9% on the buy at the high point of today's trading session, with TTS trading as high as $14.80 in trading on Tuesday.

Tuesday 5/20 Insider Buying Report: TTS VIDEO: Tuesday 5/20 Insider Buying Report: TTS

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: TTS

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