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Thursday 2/29 Insider Buying Report: OPCH, NHI Thursday, February 29, 2:36 PM 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 Option Care Health, a filing with the SEC revealed that on Monday, Director Harry M. Jansen Kraemer Jr. purchased 35,000 shares of OPCH, for a cost of $31.55 each, for a total investment of $1.10M. Option Care Health is trading up about 0.7% on the day Thursday. Before this latest buy, Kraemer Jr. made one other buy in the past year, purchasing $1.90M shares for a cost of $34.63 a piece.
And at National Health Investors there was insider buying on Tuesday, by Director Charlotte A. Swafford who purchased 10,000 shares for a cost of $58.69 each, for a total investment of $586,882. This purchase marks the first one filed by Swafford in the past twelve months. National Health Investors is trading down about 0.7% on the day Thursday.
For MarketNewsVideo.com, I'm Sayoko Murase. | |
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