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Monday 3/4 Insider Buying Report: NOVA, ADC Monday, March 4, 10:35 AM 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 cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
On Wednesday, Sunnova Energy International's Director, Akbar Mohamed, made a $1.05M buy of NOVA, purchasing 152,450 shares at a cost of $6.92 each. So far Mohamed is in the green, up about 4.8% on their purchase based on today's trading high of $7.25. Sunnova Energy International is trading down about 2.5% on the day Monday. Before this latest buy, Mohamed made one other purchase in the past twelve months, buying $143,700 shares for a cost of $14.37 each.
And on Thursday, EXECUTIVE CHAIRMAN OF BOARD Richard Agree bought $888,000 worth of Agree Realty, buying 16,000 shares at a cost of $55.50 each. Before this latest buy, Agree bought ADC at 3 other times during the past twelve months, for a total cost of $2.56M at an average of $63.19 per share. Agree Realty is trading up about 0.4% on the day Monday. So far Agree is in the green, up about 2.6% on their buy based on today's trading high of $56.92.
For MarketNewsVideo.com, I'm Sayoko Murase. | |
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Symbol Cloud:
ABEO
ADC
ALAB
ALHC
AMN
AMRK
ANGO
ANRO
ARWR
ASLE
ASPI
ATEC
ATNI
ATOS
AUB
AUBN
AXR
AXS
AYI
AYX
BANC
BHRB
BHVN
BLND
BRTX
BY
BYON
CECO
CET
CHTR
CIO
CIVB
CLF
CLSD
CNXC
COOK
CRMT
CROX
CSPI
CSV
CTRI
CZR
D
DAL
DAR
DCTH
DINO
DIS
DLTR
DSGN
DVN
EG
EL
ELAN
ENPH
ENV
EPSN
ESOA
EVC
EVLV
EXEL
EXFY
EYEN
FAST
FINS
FLGC
FLO
FMC
FSK
FULC
GENK
GEO
GLO
GME
GO
GSAT
GT
GTN
HCI
HWBK
MBUU
NBBK
OPK
ORI
TRDA
ULS
VFC
WLKP
WSC
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