Bargain hunters are wise to pay careful attention to insider
buying, because although there are many various reasons for an
insider to sell a stock, presumably the only reason they would use
their hard-earned dollars to make a purchase, is that they expect
to make money. Today we look at two noteworthy recent insider buys.
At Aaron's (
), a filing with the SEC revealed that on Monday, EVP Aaron's,
President/CEO Pro John W. Robinson bought 50,000 shares of AAN, at
a cost of $28.96 each, for a total investment of $1.45M. Robinson
was up about 1.2% on the purchase at the high point of today's
trading session, with AAN trading as high as $29.31 in trading on
Wednesday. Aaron's is trading up about 0.7% on the day Wednesday.
This purchase marks the first one filed by Robinson in the past
And at Clearfield (
), there was insider buying on Tuesday, by Director Ronald G. Roth
who purchased 15,000 shares at a cost of $14.89 each, for a total
investment of $223,350. Before this latest buy, Roth purchased CLFD
on 6 other occasions during the past year, for a total investment
of $694,136 at an average of $13.88 per share. Clearfield is
trading up about 2.5% on the day Wednesday. Roth was up about 7.3%
on the buy at the high point of today's trading session, with CLFD
trading as high as $15.97 at last check today.
VIDEO: Wednesday 4/30 Insider Buying Report: AAN,