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 one noteworthy recent insider buy.
On Monday, Director Steven R. Shane bought $104,260 worth of Science Applications International ( SAIC ), buying 2,000 shares at a cost of $52.13 each. This buy marks the first one filed by Shane in the past year. Science Applications International is trading up about 1% on the day Thursday. So far Shane is in the green, up about 1.2% on their purchase based on today's trading high of $52.77.