Launch related slideshow:
10 Bargains You Can Buy Cheaper
Than The Insiders Did »

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.

At Landauer, a filing with the SEC revealed that on Tuesday, Director Jeffrey A. Strong bought 43,946 shares of LDR, for a cost of $51.62 each, for a total investment of $2.27M. So far Strong is in the green, up about 4.0% on their purchase based on today's trading high of $53.70. Landauer is trading up about 2.8% on the day Wednesday. This purchase marks the first one filed by Strong in the past twelve months.

And on Friday, Chief Financial Officer Guy J. Constant bought $236,480 worth of Red Robin Gourmet Burgers, buying 5,000 shares at a cost of $47.30 each. Red Robin Gourmet Burgers is trading off about 0.3% on the day Wednesday. Bargain hunters can buy RRGB at a price even lower than Constant did, with shares trading as low as $45.35 at last check today -- that's 4.1% under Constant's purchase price.

For MarketNewsVideo.com, I'm Sayoko Murase.