Friday 8/28 Insider Buying Report: WELL, SGI
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.
On Wednesday, Welltower's, Andrew Gundlach, made a $2.41M purchase of WELL, buying 10,000 shares at a cost of $240.76 each. Welltower is trading up about 0.1% on the day Friday.
And at Somnigroup International, there was insider buying on Thursday, by CEO & PRESIDENT Scott L. Thompson who bought 30,000 shares at a cost of $62.84 each, for a total investment of $1.89M. Somnigroup International is trading up about 4.8% on the day Friday. So far Thompson is in the green, up about 4.2% on their purchase based on today's trading high of $65.51.
VIDEO: Friday 8/28 Insider Buying Report: WELL, SGI 
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