Friday 4/10 Insider Buying Report: CNXC, ALT
Friday, April 10, 1:39 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 Thursday, Concentrix Corp (CNXC)'s Chief Financial Officer, Andre S. Valentine, made a $69,869 buy of CNXC, purchasing 2,500 shares at a cost of $27.95 each. Valentine was up about 7.1% on the buy at the high point of today's trading session, with CNXC trading as high as $29.94 at last check today. Concentrix Corp is trading off about 1% on the day Friday.
And at Altimmune (ALT), there was insider buying on Monday, by John Gill who purchased 9,200 shares for a cost of $3.41 each, for a trade totaling $31,350. Before this latest buy, Gill made one other buy in the past year, purchasing $51,250 shares for a cost of $4.10 a piece. Altimmune is trading down about 4.2% on the day Friday.
For MarketNewsVideo.com, I'm Sayoko Murase.
|
Free Email Alerts By Stock:
Launch related slideshow:
Wednesday 5/13 Insider Buying Report: WCN, MRP
Wednesday 5/13 Insider Buying Report: FOUR, FCNCA
Tuesday 5/12 Insider Buying Report: ATEC, LZ
S&P 500 Analyst Moves: ZTS
Dow Analyst Moves: AXP
S&P 500 Analyst Moves: PLTR
Wednesday Sector Laggards: Paper & Forest Products, Apparel Stores
Wednesday Sector Leaders: Semiconductors, Electronic Equipment & Products
Tuesday Sector Laggards: Semiconductors, Textiles
Nasdaq 100 Movers: APP, MRVL
S&P 500 Movers: GDDY, ON
Dow Movers: IBM, MMM
Daily Dividend Report: MMM,LMT,WAFD,CMI,PKG
Daily Dividend Report: MAS,WM,CNQ,SPG,DX
Daily Dividend Report: COF,CCL,MAR,VMC,DOV
