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Thursday 3/26 Insider Buying Report: AMOT
Thursday, March 26, 12:41 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 one noteworthy recent insider buy.

At Allied Motion Technologies (AMOT), there was insider buying on Tuesday, by Director James J. Tanous who purchased 2,000 shares at a cost of $32.70 each, for a total investment of $65,392. This buy marks the first one filed by Tanous in the past year. Allied Motion Technologies is trading up about 2% on the day Thursday. Investors can pick up AMOT at a price even lower than Tanous did, with shares changing hands as low as $30.24 in trading on Thursday -- that's 7.5% under Tanous's purchase price.

For MarketNewsVideo.com, I'm Sayoko Murase.
Thursday 3/26 Insider Buying Report: AMOT
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