Markets
NUO

Thursday 4/21 Insider Buying Report: BATS, NUO

Shutterstock photo
Shutterstock photo

Shutterstock photo

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 cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

At Bats Global Markets (BATS), a filing with the SEC revealed that on Wednesday, CEO Christopher R. Concannon bought 25,000 shares of BATS, for a cost of $19.00 each, for a total investment of $475,000. Concannon was up about 22.5% on the purchase at the high point of today's trading session, with BATS trading as high as $23.28 at last check today. Bats Global Markets is trading up about 0.6% on the day Thursday. This buy marks the first one filed by Concannon in the past twelve months.

And on Monday, Director William J. Schneider bought $49,924 worth of Nuveen Ohio Quality Income Municipal Fund ( NUO ), buying 3,130 shares at a cost of $15.95 a piece. Before this latest buy, Schneider made one other buy in the past twelve months, purchasing $249,906 shares for a cost of $14.83 each. Nuveen Ohio Quality Income Municipal Fund is trading trading flat on the day Thursday.

VIDEO: Thursday 4/21 Insider Buying Report: BATS, NUO

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.

In This Story

NUO

Latest Markets Videos