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Thursday 7/5 Insider Buying Report: FTSV, DOMO Thursday, July 5, 10:49 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.
On Monday, Forty Seven (FTSV)'s, Hill Ventures Sutter, made a $2.16M buy of FTSV, purchasing 134,735 shares at a cost of $16.00 each. Investors can buy FTSV at a price even lower than Sutter did, with shares trading as low as $15.79 at last check today — that's 1.3% under Sutter's purchase price. Forty Seven is trading up about 1.2% on the day Thursday. This buy marks the first one filed by Sutter in the past year.
And on Tuesday, Chief Financial Officer Bruce C. Felt Jr. bought $73,500 worth of Domo – Class B (DOMO), buying 3,500 shares at a cost of $21.00 a piece. Domo – Class B is trading down about 0.1% on the day Thursday. Felt Jr. was up about 13.8% on the purchase at the high point of today's trading session, with DOMO trading as high as $23.89 in trading on Thursday.
For MarketNewsVideo.com, I'm Sayoko Murase. | |
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Launch related slideshow:| More Market News Videos | |
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| Monday 1/29 Insider Buying Report: TCBI, NBTB | |
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| Monday 1/29 Insider Buying Report: ACET, CATX | |
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| Thursday 1/25 Insider Buying Report: MSDL, WMPN | |
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| Thursday 1/25 Insider Buying Report: WDI, NWBI | |
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| Wednesday 1/24 Insider Buying Report: BANF, DC | |
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| Wednesday 1/24 Insider Buying Report: CMP, AXR | |
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| Tuesday 1/23 Insider Buying Report: JGH, CODI | |
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| Monday 1/22 Insider Buying Report: PSBD, OPK | |
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| Friday 1/19 Insider Buying Report: OLB | |
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| Friday 1/19 Insider Buying Report: SDHC | |
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| Tuesday 1/16 Insider Buying Report: AEHR, TLRY | |
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