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Wednesday 3/28 Insider Buying Report: TEX, PQG Wednesday, March 28, 10:56 AM 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 Terex Corp. (TEX), a filing with the SEC revealed that on Monday, Director David A. Sachs purchased 10,250 shares of TEX, at a cost of $36.74 each, for a total investment of $376,602. Terex Corp. is trading up about 0.5% on the day Wednesday. Before this latest buy, Sachs made one other buy in the past year, purchasing $113,910 shares at a cost of $37.97 a piece.
And at PQ Group Holdings (PQG), there was insider buying on Friday, by Director Martin S. Craighead who purchased 17,140 shares for a cost of $14.54 each, for a total investment of $249,185. PQ Group Holdings is trading up about 4.3% on the day Wednesday.
For MarketNewsVideo.com, I'm Sayoko Murase. | |
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