Markets
AEY

Tuesday 4/8 Insider Buying Report: PIH, AEY

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, 1347 Property Insurance Holdings ( PIH )'s Director, Leo Christopher Saenger III, made a $100,000 buy of PIH, purchasing 12,500 shares at a cost of $8.00 each. So far Saenger III is in the green, up about 12.4% on their purchase based on today's trading high of $8.99. 1347 Property Insurance Holdings is trading down about 0.5% on the day Tuesday.

And on Thursday, CEO David Humphrey purchased $38,000 worth of ADDvantage Technologies Group ( AEY ), purchasing 11,838 shares at a cost of $3.21 a piece. ADDvantage Technologies Group is trading up about 5.5% on the day Tuesday.

VIDEO: Tuesday 4/8 Insider Buying Report: PIH, AEY

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.

In This Story

AEY FGF

Other Topics

Investing

Latest Markets Videos

    BNK Invest

    BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

    Learn More