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Tuesday 4/2 Insider Buying Report: WLKP, ANRO Tuesday, April 2, 10:45 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.
At Westlake Chemical Partners, a filing with the SEC revealed that on Thursday, SVP of Olefin Material Andrew Kenner bought 5,000 shares of WLKP, for a cost of $22.23 each, for a total investment of $111,150. Westlake Chemical Partners is trading up about 0.8% on the day Tuesday. Before this latest buy, Kenner bought WLKP at 12 other times during the past twelve months, for a total investment of $1.80M at an average of $22.32 per share.
And at Alto Neuroscience, there was insider buying on Thursday, by CHIEF FINANCIAL OFFICER Nicholas Conrad Smith who bought 6,150 shares at a cost of $16.36 each, for a total investment of $100,628. This buy marks the first one filed by Smith in the past twelve months. Alto Neuroscience is trading up about 2.1% on the day Tuesday. Investors have the opportunity to grab ANRO even cheaper than Smith did, with shares trading as low as $14.56 at last check today which is 11.0% below Smith's purchase price.
For MarketNewsVideo.com, I'm Sayoko Murase. | |
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Symbol Cloud:
ABEO
ACET
ADC
AFL
ALAB
ALHC
AMN
AMRK
ANGO
ANRO
ARWR
ASLE
ATEC
ATOS
AUB
AUBN
AVBP
AXR
AYI
AYX
BANC
BHRB
BHVN
BLND
BRTX
BY
CATX
CET
CHTR
CIO
CIVB
CLF
CLSD
CMP
CNXC
CODI
COLB
COOK
CRMT
CROX
CSPI
CSV
CTRI
D
DAR
DC
DCTH
DINO
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
HIW
HNRG
HWBK
OPK
RBB
TRDA
ULS
VFC
WBA
WLKP
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