Wednesday 8/6 Insider Buying Report: TTS

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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 cash to make a purchase, is that they expect to make money. Today we look at one noteworthy recent insider buy.

On Friday, Director Peter H. Kamin purchased $2.90M worth of Tile Shop Holdings ( TTS ), purchasing 290,187 shares at a cost of $10.00 a piece. Before this latest buy, Kamin bought TTS at 2 other times during the past twelve months, for a total investment of $2.61M at an average of $14.40 per share. Tile Shop Holdings is trading down about 2.3% on the day Wednesday. So far Kamin is in the green, up about 7.6% on their buy based on today's trading high of $10.77.


Wednesday 8/6 Insider Buying Report: TTS VIDEO: Wednesday 8/6 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

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