Tuesday 7/29 Insider Buying Report: CPSS, TWI

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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 two noteworthy recent insider buys.

On Monday, Consumer Portfolio Service ( CPSS )'s Director, Greg Washer, made a $481,603 buy of CPSS, purchasing 70,700 shares at a cost of $6.81 a piece. Consumer Portfolio Service is trading up about 10.6% on the day Tuesday. Before this latest buy, Washer made one other purchase in the past year, buying $26,140 shares at a cost of $6.15 each.

And on Tuesday, President Paul G. Reitz bought $214,800 worth of Titan International ( TWI ), buying 15,000 shares at a cost of $14.32 a piece. Titan International is trading up about 5.4% on the day Tuesday.

Tuesday 7/29 Insider Buying Report: CPSS, TWI VIDEO: Tuesday 7/29 Insider Buying Report: CPSS, TWI

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
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