Market News Video
Friday 9/25 Insider Buying Report: OFC, UEPS
Friday, September 25, 1:44 PM ET

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 Corporate Office Properties Trust, a filing with the SEC revealed that on Thursday, Director C. Taylor Pickett purchased 10,000 shares of OFC, for a cost of $22.16 each, for a total investment of $221,601. Corporate Office Properties Trust is trading up about 1.7% on the day Friday. Before this latest buy, Pickett made one other buy in the past twelve months, purchasing $231,954 shares for a cost of $23.20 a piece.

And at Net 1 UEPS Technologies, there was insider buying on Wednesday, by Antony C. Ball who purchased 49,444 shares at a cost of $3.13 each, for a total investment of $154,760. This purchase marks the first one filed by Ball in the past year. Net 1 UEPS Technologies Inc is trading up about 1.9% on the day Friday.

For MarketNewsVideo.com, I'm Sayoko Murase.

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