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Wednesday 12/19 Insider Buying Report: DYSL, PVH Wednesday, December 19, 10:31 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 Tuesday, Dynasil Corp of America (DYSL)'s CEO, Peter Sulick, made a $1.45M buy of DYSL, purchasing 1,450,000 shares at a cost of $1.00 a piece. Investors are able to grab DYSL even cheaper than Sulick did, with the stock changing hands as low as $0.76 in trading on Wednesday which is 24.4% below Sulick's purchase price. Dynasil Corp of America is trading up about 19.1% on the day Wednesday.
And on Friday, CEO Emanuel Chirico purchased $955,055 worth of PVH Corp (PVH), purchasing 10,000 shares at a cost of $95.51 a piece. PVH Corp is trading up about 1.4% on the day Wednesday. Bargain hunters can bag PVH even cheaper than Chirico did, with the stock changing hands as low as $92.54 in trading on Wednesday — that's 3.1% under Chirico's purchase price.
For MarketNewsVideo.com, I'm Sayoko Murase. | |
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