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Tuesday 6/27 Insider Buying Report: TCPC, AHH

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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.

At TCP Capital Corp. ( TCPC ), a filing with the SEC revealed that on Friday, Director Brian F. Wruble purchased 10,000 shares of TCPC, for a cost of $16.63 each, for a total investment of $166,290. So far Wruble is in the green, up about 2.1% on their purchase based on today's trading high of $16.98. TCP Capital Corp. is trading up about 0.4% on the day Tuesday.

And at Armada Hoffler Properties ( AHH ), there was insider buying on Friday, by President, CEO Louis S. Haddad who purchased 10,000 shares at a cost of $13.39 each, for a total investment of $133,900. Before this latest buy, Haddad purchased AHH on 2 other occasions during the past year, for a total cost of $340,150 at an average of $13.61 per share. Armada Hoffler Properties is trading up about 2.5% on the day Tuesday.

VIDEO: Tuesday 6/27 Insider Buying Report: TCPC, AHH

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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