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Tuesday 2/21 Insider Buying Report: NS, STRA

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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.

On Thursday, NuStar Energy ( NS )'s Director, William E. Greehey, made a $1.08M buy of NS, purchasing 20,000 shares at a cost of $54.03 a piece. NuStar Energy is trading up about 0.1% on the day Tuesday. Before this latest buy, Greehey purchased NS on 5 other occasions during the past year, for a total investment of $5.42M at an average of $48.39 per share.

And at Strayer Education ( STRA ), there was insider buying on Friday, by Director Todd A. Milano who bought 1,220 shares at a cost of $73.03 each, for a total investment of $89,097. Before this latest buy, Milano made one other purchase in the past year, buying $32,928 shares at a cost of $46.38 each. Strayer Education is trading off about 3.1% on the day Tuesday. Milano was up about 8.5% on the buy at the high point of today's trading session, with STRA trading as high as $79.23 in trading on Tuesday.

VIDEO: Tuesday 2/21 Insider Buying Report: NS, STRA

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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