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 one noteworthy recent insider buy.
On Tuesday, at Expro Group Holdings, there was insider buying on Monday, by Director Robert Wayne Drummond Jr. who purchased 18,000 shares for a cost of $11.39 each, for a trade totaling $205,020. This purchase marks the first one filed by Drummond Jr. in the past twelve months. Expro Group Holdings is trading up about 3.1% on the day Friday.
VIDEO: Friday 12/20 Insider Buying Report: XPRO
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