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Monday 4/6 Insider Buying Report: JMBA, FIVE

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 dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

On Wednesday, Jamba ( JMBA )'s Director, Glenn W. Welling, made a $233,672 purchase of JMBA, buying 15,810 shares at a cost of $14.78 each. So far Welling is in the green, up about 6.8% on their purchase based on today's trading high of $15.78. Jamba is trading up about 0.8% on the day Monday. Before this latest buy, Welling made one other purchase in the past twelve months, buying $2.10M shares at a cost of $14.01 each.

And also on Wednesday, CEO Joel D. Anderson bought $108,033 worth of Five Below ( FIVE ), buying 3,000 shares at a cost of $36.01 a piece. This purchase marks the first one filed by Anderson in the past year. Five Below is trading up about 1.6% on the day Monday.

VIDEO: Monday 4/6 Insider Buying Report: JMBA, FIVE

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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