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Friday 5/19 Insider Buying Report: AR, HGV

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Shutterstock photo

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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 Antero Resources ( AR ), a filing with the SEC revealed that on Wednesday Glen C. Warren Jr. purchased 250,000 shares of AR, for a cost of $20.99 each, for a total investment of $5.25M. Warren Jr. was up about 3.8% on the purchase at the high point of today's trading session, with AR trading as high as $21.79 at last check today. Antero Resources Corp is trading up about 1.6% on the day Friday. This buy marks the first one filed by Warren Jr. in the past twelve months.

And at Hilton Grand Vacations ( HGV ), there was insider buying on Wednesday, by Mark D. Wang who bought 28,000 shares at a cost of $36.08 each, for a total investment of $1.01M. Hilton Grand Vacations Inc is trading up about 0.9% on the day Friday. Bargain hunters are able to bag HGV at a price even lower than Wang did, with shares trading as low as $35.68 at last check today -- that's 1.1% below Wang's purchase price.

VIDEO: Friday 5/19 Insider Buying Report: AR, HGV

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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