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Monday 6/16 Insider Buying Report: SCM, VSI

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.

At Stellus Capital Investment ( SCM ), a filing with the SEC revealed that on Wednesday, CEO Robert T. Ladd purchased 16,500 shares of SCM, for a cost of $14.08 each, for a total investment of $232,321. So far Ladd is in the green, up about 3.1% on their buy based on today's trading high of $14.52. Stellus Capital Investment is trading up about 1.3% on the day Monday. Before this latest buy, Ladd purchased SCM at 3 other times during the past twelve months, for a total investment of $217,941 at an average of $14.53 per share.

And also on Wednesday, Nutri-Force President Anthony Alfonso bought $222,200 worth of Vitamin Shoppe ( VSI ), buying 5,000 shares at a cost of $44.44 a piece. Vitamin Shoppe is trading up about 2.4% on the day Monday.

VIDEO: Monday 6/16 Insider Buying Report: SCM, VSI

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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