DAL

Monday 4/14 Insider Buying Report: DAL, CVGW

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, Delta Air Lines' Director, Greg Creed, made a $209,200 purchase of DAL, buying 5,000 shares at a cost of $41.84 a piece. Bargain hunters have the opportunity to grab DAL at a price even lower than Creed did, with the stock changing hands as low as $40.28 in trading on Monday -- that's 3.7% under Creed's purchase price. Delta Air Lines is trading down about 0.9% on the day Monday.

And at Calavo Growers, there was insider buying on Thursday, by Chief Financial Officer James E. Snyder who bought 3,213 shares for a cost of $23.33 each, for a total investment of $74,959. This purchase marks the first one filed by Snyder in the past year. Calavo Growers is trading up about 0.8% on the day Monday. So far Snyder is in the green, up about 3.5% on their buy based on today's trading high of $24.16.

Monday 4/14 Insider Buying Report: DAL, CVGWVIDEO: Monday 4/14 Insider Buying Report: DAL, CVGW

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.