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Thursday 8/2 Insider Buying Report: LQDA, LOB

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 Liquidia Technologies ( LQDA ), a filing with the SEC revealed that on Monday, Director Stephen M. Bloch bought 727,273 shares of LQDA, at a cost of $11.00 each, for a total investment of $8.00M. Bloch was up about 0.9% on the purchase at the high point of today's trading session, with LQDA trading as high as $11.10 at last check today. Liquidia Technologies is trading up about 0.9% on the day Thursday.

And also on Monday, Vice Chairman & EVP William L. Williams III purchased $989,450 worth of Live Oak Bancshares ( LOB ), purchasing 35,000 shares at a cost of $28.27 each. Live Oak Bancshares is trading up about 0.7% on the day Thursday. Williams III was up about 3.6% on the buy at the high point of today's trading session, with LOB trading as high as $29.30 in trading on Thursday.

VIDEO: Thursday 8/2 Insider Buying Report: LQDA, LOB

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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