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Tuesday 5/13 Insider Buying Report: MSFT, ICH

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 Friday, Microsoft ( MSFT )'s Director, G. Mason Morfit, made a $116.70M purchase of MSFT, buying 2,950,501 shares at a cost of $39.55 each. Microsoft is trading up about 1.9% on the day Tuesday.

And at Investors Capital Holdings ( ICH ), there was insider buying on Friday, by Chief Executive Officer Timothy B. Murphy who bought 150,000 shares for a cost of $7.13 each, for a trade totaling $1.07M. Investors Capital Holdings is trading up about 0.1% on the day Tuesday.

VIDEO: Tuesday 5/13 Insider Buying Report: MSFT, ICH

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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