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Monday 3/4 Insider Buying Report: D, SEDG

March 04, 2024 — 01:31 pm EST

Written by BNK Invest for BNK Invest->

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 Monday, Dominion Energy's CEO, Robert M. Blue, made a $997,891 buy of D, purchasing 21,735 shares at a cost of $45.91 each. Dominion Energy Inc is trading up about 3.4% on the day Monday. This purchase marks the first one filed by Blue in the past twelve months.

And on Thursday, Director More Avery purchased $474,250 worth of SolarEdge Technologies, purchasing 7,000 shares at a cost of $67.75 each. Before this latest buy, Avery made one other purchase in the past year, buying $1.09M shares at a cost of $70.96 each. SolarEdge Technologies is trading off about 1.5% on the day Monday.

Monday 3/4 Insider Buying Report: D, SEDGVIDEO: Monday 3/4 Insider Buying Report: D, SEDG

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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BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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