Tuesday 4/16 Insider Buying Report: DARE, TLRD

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 Dare Bioscience (DARE), a filing with the SEC revealed that on Thursday, Director Roger Hawley purchased 454,545 shares of DARE, for a cost of $1.10 each, for a total investment of $500,000. Dare Bioscience is trading up about 3.8% on the day Tuesday. Before this latest buy, Hawley made one other buy in the past twelve months, purchasing $203,378 shares for a cost of $1.45 a piece.

And at Tailored Brands (TLRD), there was insider buying on Friday, by the Brand President who bought 13,500 shares at a cost of $7.41 each, for a trade totaling $100,035. This buy marks the first one filed by the Brand President in the past year. Tailored Brands is trading up about 5.6% on the day Tuesday. So far Ask is in the green, up about 11.7% on their buy based on today's trading high of $8.28.

VIDEO: Tuesday 4/16 Insider Buying Report: DARE, TLRD

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.