PLAY

Monday 7/8 Insider Buying Report: PLAY, FXNC

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 Friday, Dave & Busters Entertainment (PLAY)'s Chief Financial Officer, Darin Harper, made a $526,420 purchase of PLAY, buying 13,578 shares at a cost of $38.77 a piece. Harper was up about 2.7% on the purchase at the high point of today's trading session, with PLAY trading as high as $39.81 at last check today. Dave & Busters Entertainment is trading up about 4% on the day Monday. This purchase marks the first one filed by Harper in the past year.

And on Wednesday, Director Kirtesh Patel bought $116,700 worth of First National Corp. (FXNC), buying 7,500 shares at a cost of $15.56 each. This purchase marks the first one filed by Patel in the past year. First National Corp. is trading up about 1% on the day Monday.

Monday 7/8 Insider Buying Report: PLAY, FXNCVIDEO: Monday 7/8 Insider Buying Report: PLAY, FXNC

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.