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Tuesday 3/6 Insider Buying Report: SRCL, LHO

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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.

On Thursday, Stericycle ( SRCL )'s Director, Jack W. Schuler, made a $625,910 buy of SRCL, purchasing 10,000 shares at a cost of $62.59 each. Stericycle is trading down about 0.7% on the day Tuesday.

And on Friday, CEO Michael D. Barnello purchased $478,180 worth of LaSalle Hotel Properties ( LHO ), purchasing 19,398 shares at a cost of $24.65 each. LaSalle Hotel Properties is trading down about 1.2% on the day Tuesday. So far Barnello is in the green, up about 4.1% on their purchase based on today's trading high of $25.66.

VIDEO: Tuesday 3/6 Insider Buying Report: SRCL, LHO

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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