Monday 3/30 Insider Buying Report: WIN, SJW Monday, March 30, 12:47 PM 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 dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
On Friday, Windstream Holdings (WIN)'s CEO, Anthony W. Thomas, made a $187,500 purchase of WIN, buying 25,000 shares at a cost of $7.50 each. Windstream Holdings is trading down about 0.5% on the day Monday. This buy marks the first one filed by Thomas in the past twelve months.
And at SJW Corp. (SJW), there was insider buying on Thursday, by Director Robert A. Van Valer who purchased 4,619 shares for a cost of $30.51 each, for a trade totaling $140,926. SJW Corp. is trading up about 1.8% on the day Monday.
For MarketNewsVideo.com, I'm Sayoko Murase.
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