Tuesday 2/18 Insider Buying Report: RHI
By: BNK Invest
Posted: 2/18/2014 12:45:00 PM
Referenced Stocks: RHI
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 a noteworthy recent insider buy.
At Robert Half International ( RHI ), a filing with the SEC revealed that on Thursday, Director Andrew S. Berwick Jr. bought 19,768 shares of RHI, for a cost of $40.12 each, for a total investment of $793,092. So far Berwick Jr. is in the green, up about 2.2% on their purchase based on today's trading high of $40.99. This purchase marks the first one filed by Berwick Jr. in the past year.