Thursday 1/30 Insider Buying Report: FCX, ISTR (Nasdaq.com)
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, Freeport-McMoran Copper & Gold (FCX)’s, John Joseph Stephens, made a $503,550 purchase of FCX, buying 45,000 shares at a cost of $11.19 each. Freeport-McMoran Copper & Gold is trading down about 0.6% on the day Thursday.
Adaptive Biotechnologies Corp (ADPT) CEO and Chairman Chad M Robins Sold $1 million of Shares (Guru Focus)
CEO and Chairman of Adaptive Biotechnologies Corp., Chad M Robins, sold 33,360 shares of ADPT on 01/29/2020 at an average price of $30.71 a share. The total sale was $1 million. Adaptive Biotechnologies Corp has a market cap of $3.87 billion; its shares were traded at around $30.94 with and P/S ratio of 14.33. GuruFocus has detected 1 severe warning sign with Adaptive Biotechnologies Corp.
It’s Time to Reform US Regulation on Insider Buying and Selling (NewsLagoon.com)
As Gordon Gekko mentioned: “Probably the most worthwhile commodity I do know of is info.” Insider merchants knew this lengthy earlier than the anti-hero of the movie Wall Road put it so memorably – one snippet of knowledge gained earlier than anybody else provides you that further edge and places the market at your mercy. Regulators have tried in varied methods to clamp down on against the law that’s notoriously troublesome to show. Profitable prosecutions are by no means easy; direct proof will not be simple to acquire and convictions usually depend on testimony from co-operating witnesses.
The SVP & GC of Saul Centers (NYSE: BFS) is Selling Shares (Analyst Ratings)
Yesterday, the SVP & GC of Saul Centers (BFS), Debra Noreen Stencel, sold shares of BFS for $604.9K. The company has a one-year high of $58.49 and a one-year low of $48.39. Currently, Saul Centers has an average volume of 72.48K. BFS’s market cap is $1.3B and the company has a P/E ratio of 30.41.
Verisk Analytics Inc (VRSK) EVP, Gen Counsel and Corp Sec Kenneth E Thompson Sold $3.6 million of Shares (Guru Focus)
EVP, Gen Counsel and Corp Sec of Verisk Analytics Inc., Kenneth E Thompson, sold 21,723 shares of VRSK on 01/29/2020 at an average price of $165.15 a share. The total sale was $3.6 million. Verisk Analytics Inc is a data analytics provider serving customers in insurance, natural resources and financial services.
A Director at Heritage Commerce (NASDAQ: HTBK) is Buying Shares (Analyst Ratings)
Yesterday, a Director at Heritage Commerce (HTBK), Steven Hallgrimson, bought shares of HTBK for $94.32K. This recent transaction increases Steven Hallgrimson’s holding in the company by 6.53% to a total of $1.5 million. In addition to Steven Hallgrimson, one other HTBK executive reported Buy trades in the last month.
