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Thursday 2/21 Insider Buying Report: VLO, BKD


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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 dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

At Valero Energy Corp ( VLO ), a filing with the SEC revealed that on Wednesday, Director Stephen M. Waters purchased 500 shares of VLO, at a cost of $84.97 each, for a total investment of $42,485. Waters was up about 1.4% on the buy at the high point of today's trading session, with VLO trading as high as $86.13 at last check today. Valero Energy Corp is trading up about 0.2% on the day Thursday.

And on Tuesday, Director Lee S. Wielansky bought $36,950 worth of Brookdale Senior Living ( BKD ), buying 5,000 shares at a cost of $7.39 each. Before this latest buy, Wielansky bought BKD on 2 other occasions during the past year, for a total cost of $146,838 at an average of $7.34 per share. Brookdale Senior Living is trading up about 4.3% on the day Thursday. Wielansky was up about 3.0% on the buy at the high point of today's trading session, with BKD trading as high as $7.61 at last check today.

Thursday 2/21 Insider Buying Report: VLO, BKD VIDEO: Thursday 2/21 Insider Buying Report: VLO, BKD

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 , Investing Ideas
Referenced Symbols: VLO , BKD




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