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Wednesday 12/26 Insider Buying Report: DSPG, HCAP

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.

At DSP Group, a filing with the SEC revealed that on Friday, Director Cynthia Paul purchased 34,386 shares of DSPG, for a cost of $10.70 each, for a total investment of $367,933. DSP Group is trading up about 1.4% on the day Wednesday. Before this latest buy, Paul bought DSPG on 11 other occasions during the past twelve months, for a total cost of $3.01M at an average of $11.54 per share.

And also on Friday, Chief Executive Officer Joseph A. Jolson purchased $180,025 worth of Harvest Capital Credit, purchasing 18,919 shares at a cost of $9.52 a piece. Before this latest buy, Jolson purchased HCAP on 19 other occasions during the past twelve months, for a total cost of $1.91M at an average of $10.31 per share. Harvest Capital Credit is trading down about 0.9% on the day Wednesday.

VIDEO: Wednesday 12/26 Insider Buying Report: DSPG, HCAP

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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