Friday 10/24 Insider Buying Report: CPSS, TSI
Friday, October 24, 3:48 PM ET
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 Consumer Portfolio Service (CPSS), a filing with the SEC revealed that on Wednesday, Director Greg Washer purchased 9,524 shares of CPSS, for a cost of $6.88 each, for a total investment of $65,489. Washer was up about 2.8% on the purchase at the high point of today's trading session, with CPSS trading as high as $7.07 in trading on Friday. Consumer Portfolio Service is trading up about 0.6% on the day Friday. Before this latest buy, Washer bought CPSS at 3 other times during the past twelve months, for a total cost of $692,203 at an average of $6.87 per share.
And at TCW Strategic Income Fund (TSI), there was insider buying on Wednesday, by Director Victoria B. Rogers who bought 9,200 shares at a cost of $5.45 each, for a total investment of $50,140. TCW Strategic Income Fund is trading off about 0.4% on the day Friday.
For MarketNewsVideo.com, I'm Sayoko Murase.
|
Free Email Alerts By Stock:
Launch related slideshow:
Monday 5/6 Insider Buying Report: DAL
Monday 5/6 Insider Buying Report: SWKS, HXL
Friday 5/3 Insider Buying Report: STRA, ENPH
S&P 500 Analyst Moves: PWR
Dow Analyst Moves: UNH
S&P 500 Analyst Moves: CTRA
Monday Sector Laggards: Food, Drugs
Monday Sector Leaders: Music & Electronics Stores, Precious Metals
Friday Sector Laggards: Paper & Forest Products, Packaging & Containers
Nasdaq 100 Movers: WDAY, MU
S&P 500 Movers: TSN, PARA
Dow Movers: AMGN, DIS
Daily Dividend Report: TFX,R,MAN,CNO,DOV
Daily Dividend Report: COF,HSY,ITW,LMT,AAPL
Daily Dividend Report: CNQ,AIG,APH,UPS,ICE
Fed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 14, 2015
Weekly Market Wrap: August 7, 2015
Weekly Market Wrap: July 31, 2015
Week Ahead Market Report: June 8, 2015
Week Ahead Market Report: May 18, 2015
Week Ahead Market Report: May 4, 2015
