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Friday 3/20 Insider Buying Report: JMBA, LEA

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

At Jamba ( JMBA ), a filing with the SEC revealed that on Tuesday, Director Glenn W. Welling bought 150,000 shares of JMBA, for a cost of $14.01 each, for a total investment of $2.10M. Welling was up about 8.4% on the purchase at the high point of today's trading session, with JMBA trading as high as $15.19 at last check today.

And also on Tuesday, Director Kathleen Ligocki purchased $270,750 worth of Lear Corp. ( LEA ), purchasing 2,500 shares at a cost of $108.30 each. Lear Corp. is trading up about 0.3% on the day Friday.

VIDEO: Friday 3/20 Insider Buying Report: JMBA, LEA

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


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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