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Thursday 10/31 Insider Buying Report: BFH, BTBD

October 31, 2024 — 01:36 pm EDT

Written by BNK Invest for BNK Invest->

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 Bread Financial Holdings, a filing with the SEC revealed that on Monday, Director John J. Fawcett purchased 1,000 shares of BFH, for a cost of $51.02 each, for a total investment of $51,020. Bread Financial Holdings is trading down about 1.4% on the day Thursday. Before this latest buy, Fawcett made one other purchase in the past year, buying $99,644 shares at a cost of $49.82 a piece.

And also on Monday, Chief Executive Officer Gary Copperud purchased $27,538 worth of BT Brands, purchasing 16,317 shares at a cost of $1.69 each. BT Brands is trading up about 1.2% on the day Thursday.

Thursday 10/31 Insider Buying Report: BFH, BTBDVIDEO: Thursday 10/31 Insider Buying Report: BFH, BTBD

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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BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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BFH
BTBD

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