LIND

Wednesday 4/23 Insider Buying Report: LIND, CASS

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 Lindblad Expeditions Holdings, a filing with the SEC revealed that on Tuesday, Alex P. Schultz purchased 55,106 shares of LIND, at a cost of $8.08 each, for a total investment of $445,245. So far Schultz is in the green, up about 16.8% on their purchase based on today's trading high of $9.44. Lindblad Expeditions Holdings is trading up about 10.5% on the day Wednesday. Before this latest buy, Schultz bought LIND on 4 other occasions during the past year, for a total cost of $797,082 at an average of $7.53 per share.

And at Cass Information Systems, there was insider buying on Monday, by CEO Martin H. Resch who purchased 200 shares at a cost of $39.00 each, for a trade totaling $7,800. Cass Information Systems is trading up about 1.8% on the day Wednesday. So far Resch is in the green, up about 7.0% on their buy based on today's trading high of $41.73.

Wednesday 4/23 Insider Buying Report: LIND, CASSVIDEO: Wednesday 4/23 Insider Buying Report: LIND, CASS

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.