FUND

Wednesday 12/31 Insider Buying Report: FUND, HYPD

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 Monday, Sprott Focus Trust's , W. Whitney George, made a $2.32M purchase of FUND, buying 270,237 shares at a cost of $8.60 a piece. George was up about 2.3% on the purchase at the high point of today's trading session, with FUND trading as high as $8.80 in trading on Wednesday. Sprott Focus Trust is trading up about 0.9% on the day Wednesday. Before this latest buy, George bought FUND at 3 other times during the past twelve months, for a total investment of $4.38M at an average of $7.61 per share.

And at Hyperion DeFi, there was insider buying on Monday, by Director Ellen R. Strahlman who bought 30,880 shares for a cost of $3.66 each, for a total investment of $113,091. Before this latest buy, Strahlman made one other buy in the past twelve months, purchasing $120,664 shares for a cost of $3.14 each. Hyperion DeFi is trading up about 5.5% on the day Wednesday. Investors have the opportunity to grab HYPD at a price even lower than Strahlman did, with shares changing hands as low as $3.41 at last check today which is 6.9% under Strahlman's purchase price.

Wednesday 12/31 Insider Buying Report: FUND, HYPDVIDEO: Wednesday 12/31 Insider Buying Report: FUND, HYPD

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.