Wednesday 3/5 Insider Buying Report: XON, CLGX

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.

At Intrexon ( XON ), a filing with the SEC revealed that on Tuesday, SVP--Health Sector, Gregory Ian Frost bought 100,000 shares of XON, at a cost of $25.95 each, for a total investment of $2.59M. So far Frost is in the green, up about 7.3% on their purchase based on today's trading high of $27.84. Intrexon is trading up about 5.2% on the day Wednesday.


And on Friday, Director Jaynie M. Studenmund bought $331,320 worth of CoreLogic ( CLGX ), buying 10,064 shares at a cost of $32.92 each. CoreLogic is trading up about 1% on the day Wednesday. Studenmund was up about 2.6% on the purchase at the high point of today's trading session, with CLGX trading as high as $33.79 at last check today.

Wednesday 3/5 Insider Buying Report: XON, CLGX VIDEO: Wednesday 3/5 Insider Buying Report: XON, CLGX



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: XON , CLGX

BNK Invest

BNK Invest

More from BNK Invest:

Related Videos

Stocks

Referenced

Most Active by Volume

33,110,376
  • $113.99 ▲ 1.77%
25,034,179
    $17.98 unch
24,486,872
  • $7.41 ▲ 2.07%
20,864,535
  • $7.39 ▼ 2.76%
18,600,501
  • $8.30 ▼ 0.36%
17,530,211
  • $8.14 ▲ 3.17%
17,299,208
  • $93.79 ▲ 2.74%
14,669,760
  • $25.78 ▼ 0.19%
As of 12/26/2014, 04:15 PM


Find a Credit Card

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