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Monday 2/13 Insider Buying Report: PNC, BDN

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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 Thursday, PNC Financial Services Group ( PNC )'s Director, Charles E. Bunch, made a $122,790 buy of PNC, purchasing 1,000 shares at a cost of $122.79 each. So far Bunch is in the green, up about 1.9% on their purchase based on today's trading high of $125.13. PNC Financial Services Group is trading up about 1.5% on the day Monday. Before this latest buy, Bunch made one other buy in the past twelve months, purchasing $87,805 shares for a cost of $87.81 each.

And at Brandywine Realty Trust ( BDN ), there was insider buying on Wednesday, by Director H. Richard Haverstick Jr. who purchased 7,500 shares at a cost of $15.98 each, for a total investment of $119,868. Brandywine Realty Trust is trading trading flat on the day Monday. Haverstick Jr. was up about 3.2% on the buy at the high point of today's trading session, with BDN trading as high as $16.49 in trading on Monday.

VIDEO: Monday 2/13 Insider Buying Report: PNC, BDN

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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