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Tuesday 2/14 Insider Buying Report: AMC, MMS

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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 AMC Entertainment Holdings ( AMC ), a filing with the SEC revealed that on Monday, CEO AND PRESIDENT Adam M. Aron bought 31,747 shares of AMC, for a cost of $31.50 each, for a total investment of $1.00M. Thus far Aron is down about 0.8% on the buy, with shares trading as low as $31.25 at last check today. AMC Entertainment Holdings is trading down about 0.2% on the day Tuesday. Before this latest buy, Aron bought AMC on 2 other occasions during the past twelve months, for a total cost of $576,558 at an average of $28.83 per share.

And on Friday, Director Anne K. Altman purchased $151,307 worth of MAXIMUS ( MMS ), purchasing 2,700 shares at a cost of $56.04 each. This buy marks the first one filed by Altman in the past twelve months. MAXIMUS is trading up about 1.2% on the day Tuesday. So far Altman is in the green, up about 4.9% on their buy based on today's trading high of $58.80.

VIDEO: Tuesday 2/14 Insider Buying Report: AMC, MMS

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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