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Monday 10/5 Insider Buying Report: LPG

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 dollars to make a purchase, is that they expect to make money. Today we look at one noteworthy recent insider buy.

And at Dorian LPG ( LPG ), there was insider buying on Wednesday, by Director Ted Kalborg who purchased 20,000 shares at a cost of $10.20 each, for a total investment of $204,000. Dorian LPG is trading up about 2.2% on the day Monday. So far Kalborg is in the green, up about 12.0% on their purchase based on today's trading high of $11.42.

VIDEO: Monday 10/5 Insider Buying Report: LPG

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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