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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 one noteworthy recent insider buy.

On Wednesday, Oil-Dri Corp. of America's Director, Allan H. Selig, made a $33,730 buy of ODC, purchasing 1,000 shares at a cost of $33.73 each. Oil-Dri Corp. of America is trading up about 0.6% on the day Friday. Before this latest buy, Selig bought ODC on 3 other occasions during the past twelve months, for a total cost of $104,129 at an average of $34.71 per share.

For MarketNewsVideo.com, I'm Sayoko Murase.