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.
On Friday, Aptinyx ( APTX )'s CBO, Ashish Khanna, made a $54,500 buy of APTX, purchasing 10,000 shares at a cost of $5.45 each. Aptinyx is trading up about 1.1% on the day Tuesday. Before this latest buy, Khanna made one other purchase in the past twelve months, buying $124,800 shares at a cost of $16.00 each.
And at FS KKR Capital Corp ( FSK ), there was insider buying on Thursday, by Director Richard I. Goldstein who bought 5,000 shares for a cost of $5.85 each, for a total investment of $29,250. FS KKR Capital Corp is trading up about 2.2% on the day Tuesday. So far Goldstein is in the green, up about 3.2% on their buy based on today's trading high of $6.04.