Markets
TTS

Friday 3/6 Insider Buying Report: HTWO, TTS

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 HF2 Financial Management ( HTWO ), a filing with the SEC revealed that on Wednesday, EVP, CFO, Secretary R. Bradley Forth purchased 47,708 shares of HTWO, for a cost of $10.50 each, for a total investment of $500,934. HF2 Financial Management is trading up about 3.5% on the day Friday.

And also on Wednesday, Director Peter J. Jacullo III purchased $317,500 worth of Tile Shop Holdings ( TTS ), purchasing 30,000 shares at a cost of $10.58 a piece. Before this latest buy, Jacullo III purchased TTS at 6 other times during the past year, for a total cost of $1.22M at an average of $9.41 per share. Tile Shop Holdings is trading down about 0.1% on the day Friday. So far Jacullo III is in the green, up about 5.6% on their purchase based on today's trading high of $11.18.

VIDEO: Friday 3/6 Insider Buying Report: HTWO, TTS

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.

In This Story

TTS

Other Topics

Investing