SIX

Monday 8/6 Insider Buying Report: VC, SIX

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.

At Visteon Corp ( VC ), a filing with the SEC revealed that on Wednesday, Director Harry James Wilson purchased 2,500 shares of VC, at a cost of $116.71 each, for a total investment of $291,775. Visteon Corp is trading off about 0.3% on the day Monday.

And at Six Flags Entertainment Corp ( SIX ), there was insider buying on Wednesday, by Director Richard Roedel who purchased 3,974 shares for a cost of $62.85 each, for a trade totaling $249,767. Six Flags Entertainment Corp is trading up about 0.7% on the day Monday. So far Roedel is in the green, up about 4.2% on their buy based on today's trading high of $65.46.

VIDEO: Monday 8/6 Insider Buying Report: VC, SIX

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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