NWBI

Friday 7/26 Insider Buying Report: NWBI, STRW

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 Northwest Bancshares, a filing with the SEC revealed that on Thursday, Chief Financial Officer Douglas M. Schosser bought 7,000 shares of NWBI, at a cost of $14.19 each, for a total investment of $99,338. Schosser was up about 2.5% on the buy at the high point of today's trading session, with NWBI trading as high as $14.55 at last check today. Northwest Bancshares, Inc. is trading up about 1.4% on the day Friday.

And on Monday, CEO Moishe Gubin bought $94,814 worth of Strawberry Fields REIT, buying 9,529 shares at a cost of $9.95 each. Strawberry Fields REIT is trading off about 5.3% on the day Friday. Gubin was up about 16.3% on the buy at the high point of today's trading session, with STRW trading as high as $11.57 in trading on Friday.

Friday 7/26 Insider Buying Report: NWBI, STRWVIDEO: Friday 7/26 Insider Buying Report: NWBI, STRW

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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