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Thursday 10/17 Insider Buying Report: HT, RCUS Thursday, October 17, 10:42 AM ET 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 Monday, Hersha Hospitality Trust (HT)'s COO, Neil H. Shah, made a $49,653 buy of HT, purchasing 3,571 shares at a cost of $13.90 each. Hersha Hospitality Trust is trading off about 0.7% on the day Thursday. Before this latest buy, Shah purchased HT at 5 other times during the past twelve months, for a total cost of $352,100 at an average of $15.45 per share.
And at Arcus Biosciences (RCUS), there was insider buying on Monday, by Chief Medical Officer William Grossman who purchased 400 shares for a cost of $8.00 each, for a trade totaling $3,200. Arcus Biosciences is trading up about 2.5% on the day Thursday. Grossman was up about 4.4% on the buy at the high point of today's trading session, with RCUS trading as high as $8.35 in trading on Thursday.
For MarketNewsVideo.com, I'm Sayoko Murase. | |
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Launch related slideshow:| More Market News Videos | |
| Tuesday 10/15 Insider Buying Report: CBAY | |
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| Friday 10/11 Insider Buying Report: SNDX, TLRD | |
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| Friday 10/11 Insider Buying Report: CNCE, SOR | |
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| Wednesday 10/9 Insider Buying Report: FREQ, AMZN | |
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| Tuesday 10/8 Insider Buying Report: APRE, HOFT | |
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| Monday 10/7 Insider Buying Report: CNST, AGO | |
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| Friday 10/4 Insider Buying Report: WMS, CPRX | |
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| Thursday 10/3 Insider Buying Report: MVC, ATNX | |
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| Wednesday 10/2 Insider Buying Report: GOSS, GNLN | |
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| Wednesday 10/2 Insider Buying Report: GOSS, GNLN | |
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| Tuesday 10/1 Insider Buying Report: PTON, MXL | |
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| Monday 9/30 Insider Buying Report: HDS, AXSM | |
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