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Friday 11/1 Insider Buying Report: MRTN, MTDR

November 01, 2024 — 11:42 am EDT

Written by BNK Invest for BNK Invest->

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.

At Marten Transport, a filing with the SEC revealed that on Wednesday, Director Jerry M. Bauer bought 10,000 shares of MRTN, at a cost of $15.81 each, for a total investment of $158,051. Marten Transport is trading up about 2.5% on the day Friday.

And also on Wednesday, EVP-Production Glenn W. Stetson purchased $51,330 worth of Matador Resources, purchasing 1,000 shares at a cost of $51.33 each. Matador Resources is trading up about 2.3% on the day Friday. So far Stetson is in the green, up about 4.1% on their purchase based on today's trading high of $53.45.

Friday 11/1 Insider Buying Report: MRTN, MTDRVIDEO: Friday 11/1 Insider Buying Report: MRTN, MTDR

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

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BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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MRTN
MTDR

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