COOK

Friday 5/24 Insider Buying Report: COOK, CABO

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 Traeger, a filing with the SEC revealed that on Wednesday, Chief Executive Officer Jeremy Andrus bought 228,323 shares of COOK, for a cost of $2.18 each, for a total investment of $497,447. Traeger is trading up about 3.5% on the day Friday. Before this latest buy, Andrus made one other buy in the past twelve months, purchasing $933,006 shares at a cost of $2.35 a piece.

And at Cable One, there was insider buying on Tuesday, by Director Wallace R. Weitz who bought 1,000 shares for a cost of $369.98 each, for a trade totaling $369,980. Cable One is trading up about 4.2% on the day Friday. Bargain hunters have the opportunity to snag CABO even cheaper than Weitz did, with shares trading as low as $332.94 at last check today which is 10.0% under Weitz's purchase price.

Friday 5/24 Insider Buying Report: COOK, CABOVIDEO: Friday 5/24 Insider Buying Report: COOK, CABO

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

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.