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Friday 5/30 Insider Buying Report: MTDR, DWCH

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 Matador Resources ( MTDR ), a filing with the SEC revealed that on Thursday, Director Carlos M. Sepulveda purchased 5,000 shares of MTDR, at a cost of $25.00 each, for a total investment of $125,000. Matador Resources is trading up about 0.6% on the day Friday. Before this latest buy, Sepulveda made one other purchase in the past year, buying $38,125 shares for a cost of $15.25 a piece.

And at Datawatch ( DWCH ), there was insider buying on Tuesday, by Chief Financial Officer James Eliason who purchased 8,500 shares for a cost of $13.48 each, for a total investment of $114,580. This buy marks the first one filed by Eliason in the past twelve months. Datawatch is trading down about 5.9% on the day Friday. So far Eliason is in the green, up about 21% on their purchase based on today's trading high of $16.31.

VIDEO: Friday 5/30 Insider Buying Report: MTDR, DWCH

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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