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Monday 8/11 Insider Buying Report: AMT, AHH

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 Thursday, American Tower ( AMT )'s Director, Ronald M. Dykes, made a $277,385 purchase of AMT, buying 2,900 shares at a cost of $95.65 a piece. Dykes was up about 4.0% on the buy at the high point of today's trading session, with AMT trading as high as $99.48 at last check today. American Tower is trading up about 1.4% on the day Monday.

And also on Thursday, President, CEO Louis S. Haddad bought $242,250 worth of Armada Hoffler Properties ( AHH ), buying 25,000 shares at a cost of $9.69 each. Before this latest buy, Haddad purchased AHH on 2 other occasions during the past twelve months, for a total investment of $708,500 at an average of $9.45 per share. Armada Hoffler Properties is trading trading flat on the day Monday.

VIDEO: Monday 8/11 Insider Buying Report: AMT, AHH

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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