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Friday 5/17 Insider Buying Report: SYMC, PETQ


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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.

On Thursday, Symantec Corp ( SYMC )'s Director, Peter A. Feld, made a $12.83M buy of SYMC, purchasing 650,000 shares at a cost of $19.73 each. Symantec Corp is trading up about 0.2% on the day Friday. This buy marks the first one filed by Feld in the past year.

And at PetIQ ( PETQ ), there was insider buying on Wednesday, by James Nathan Clarke who purchased 31,031 shares for a cost of $28.12 each, for a trade totaling $872,585. This buy marks the first one filed by Clarke in the past year. PetIQ is trading up about 0.5% on the day Friday. Clarke was up about 2.0% on the buy at the high point of today's trading session, with PETQ trading as high as $28.69 at last check today.

Friday 5/17 Insider Buying Report: SYMC, PETQ VIDEO: Friday 5/17 Insider Buying Report: SYMC, PETQ

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: Investing , Stocks
Referenced Symbols: SYMC , PETQ




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