GS

Wednesday 1/22 Insider Buying Report: GS, DHY

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, Goldman Sachs Group's Director, Kevin R. Johnson, made a $1.49M buy of GS, purchasing 2,400 shares at a cost of $619.02 each. So far Johnson is in the green, up about 2.6% on their buy based on today's trading high of $635.30. Goldman Sachs Group is trading off about 0.2% on the day Wednesday.

And at Credit Suisse High Yield Bond Fund, there was insider buying on Tuesday, by Trustee Laura A. Defelice who purchased 56,801 shares at a cost of $2.13 each, for a trade totaling $120,986. Credit Suisse High Yield Bond Fund is trading trading flat on the day Wednesday.

Wednesday 1/22 Insider Buying Report: GS, DHYVIDEO: Wednesday 1/22 Insider Buying Report: GS, DHY

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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