Wednesday 3/12 Insider Buying Report: LKFN, PSBD
Wednesday, March 12, 1:51 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.
On Tuesday, Lakeland Financial's Director, M. Scott Welch, made a $307,000 buy of LKFN, purchasing 5,000 shares at a cost of $61.40 each. Lakeland Financial is trading up about 0.9% on the day Wednesday. This buy marks the first one filed by Welch in the past year.
And at Palmer Square Capital BDC, there was insider buying on Tuesday, by President Matthew L. Bloomfield who purchased 17,450 shares for a cost of $15.22 each, for a trade totaling $265,648. Before this latest buy, Bloomfield made one other purchase in the past twelve months, buying $203,216 shares at a cost of $15.40 a piece. Palmer Square Capital BDC is trading up about 2.4% on the day Wednesday.
For MarketNewsVideo.com, I'm Sayoko Murase.
|
Free Email Alerts By Stock:
Launch related slideshow:
Tuesday 3/25 Insider Buying Report: PEB, ADSK
Monday 3/24 Insider Buying Report: FVR, AEYE
Monday 3/24 Insider Buying Report: ADBE, IMMR
Dow Analyst Moves: WMT
S&P 500 Analyst Moves: GOOGL
Dow Analyst Moves: AMZN
Tuesday Sector Laggards: Biotechnology, Computers
Tuesday Sector Leaders: Television & Radio, Precious Metals
Monday Sector Leaders: Auto Dealerships, Apparel Stores
Nasdaq 100 Movers: PDD, CRWD
S&P 500 Movers: CCI, IP
Dow Movers: WMT, CVX
Daily Dividend Report: CMCO,HRL,BKE,NRC,SFD
Daily Dividend Report: EBF,PWR,MRVL,LOW,RITM
Daily Dividend Report: EQR,CL,MOS,LII,LW
Fed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 14, 2015
Weekly Market Wrap: August 7, 2015
Weekly Market Wrap: July 31, 2015
Week Ahead Market Report: June 8, 2015
Week Ahead Market Report: May 18, 2015
Week Ahead Market Report: May 4, 2015
