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Monday 11/3 Insider Buying Report: TTS

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

On Thursday, Tile Shop Holdings Inc ( TTS )'s Director, Peter H. Kamin, made a $975,618 buy of TTS, purchasing 114,972 shares at a cost of $8.49 each. Kamin was up about 6.7% on the buy at the high point of today's trading session, with TTS trading as high as $9.05 in trading on Monday. Tile Shop Holdings Inc is trading up about 5% on the day Monday. Before this latest buy, Kamin purchased TTS at 4 other times during the past year, for a total investment of $6.2M at an average of $11.44 per share.

VIDEO: Monday 11/3 Insider Buying Report: TTS

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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