DEI

Monday 12/24 Insider Buying Report: D, DEI

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 two noteworthy recent insider buys.

On Wednesday, Dominion Energy's, CFO & Treasurer, James R. Chapman, made a $299,998 purchase of D, buying 4,053 shares at a cost of $74.02 each. Dominion Energy Inc is trading off about 5% on the day Monday.

And at Douglas Emmett, there was insider buying on Thursday, by Director William E. Simon Jr. who bought 8,700 shares at a cost of $34.17 each, for a total investment of $297,296. Before this latest buy, Simon Jr. made one other purchase in the past year, buying $296,861 shares for a cost of $38.55 each. Douglas Emmett is trading off about 4.4% on the day Monday. Investors have the opportunity to grab DEI even cheaper than Simon Jr. did, with the stock changing hands as low as $32.46 at last check today which is 5.0% below Simon Jr.'s purchase price.

VIDEO: Monday 12/24 Insider Buying Report: D, DEI

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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