On Friday, Ryman Hospitality Properties' Exec. Chairman of the Board, Colin V. Reed, made a $785,226 purchase of RHP, buying 7,800 shares at a cost of $100.67 a piece. Bargain hunters are able to pick up RHP even cheaper than Reed did, with shares changing hands as low as $97.41 in trading on Monday -- that's 3.2% under Reed's purchase price. Ryman Hospitality Properties is trading up about 0.3% on the day Monday. Before this latest buy, Reed purchased RHP at 3 other times during the past year, for a total cost of $2.46M at an average of $94.70 per share.
And at Lakeland Financial, there was insider buying on Friday, by Director M. Scott Welch who purchased 10,000 shares for a cost of $57.95 each, for a total investment of $579,500. Before this latest buy, Welch purchased LKFN on 2 other occasions during the past year, for a total investment of $920,374 at an average of $61.36 per share. Lakeland Financial is trading up about 2.2% on the day Monday.
VIDEO: Monday 3/2 Insider Buying Report: RHP, LKFN
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