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Tuesday 8/19 Insider Buying Report: CBR, ACXM

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 cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

On Friday, CIBER ( CBR )'s Director, Bobby G. Stevenson, made a $368,727 purchase of CBR, buying 100,000 shares at a cost of $3.69 a piece. So far Stevenson is in the green, up about 5.0% on their buy based on today's trading high of $3.87. CIBER is trading up about 3.5% on the day Tuesday. This buy marks the first one filed by Stevenson in the past twelve months.

And also on Friday, Chief Executive Officer Scott E. Howe purchased $351,482 worth of Acxiom Corp. ( ACXM ), purchasing 20,000 shares at a cost of $17.57 each. Acxiom is trading down about 0.1% on the day Tuesday. So far Howe is in the green, up about 6.3% on their buy based on today's trading high of $18.68.

VIDEO: Tuesday 8/19 Insider Buying Report: CBR, ACXM

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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