Wednesday 3/26 Insider Buying Report: WMB, ANAC

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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.

At Williams Cos ( WMB ), a filing with the SEC revealed that on Monday, Director Murray D. Smith bought 4,650 shares of WMB, at a cost of $40.79 each, for a total investment of $189,690. Williams Cos is trading down about 0.7% on the day Wednesday. Before this latest buy, Smith made one other purchase in the past year, buying $106,770 shares for a cost of $35.59 each.


And also on Monday, CFO Geoffrey M. Parker bought $100,533 worth of Anacor Pharmaceuticals ( ANAC ), buying 5,000 shares at a cost of $20.11 each. Before this latest buy, Parker purchased ANAC on 6 other occasions during the past twelve months, for a total investment of $958,420 at an average of $8.30 per share. Anacor Pharmaceuticals is trading up about 1.2% on the day Wednesday.

Wednesday 3/26 Insider Buying Report: WMB, ANAC VIDEO: Wednesday 3/26 Insider Buying Report: WMB, ANAC



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: WMB , ANAC

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