Monday 12/28 Insider Buying Report: GBDC, COUP

Video Credit: Market News Video
Published on December 28, 2020 - Duration: 00:52s

Monday 12/28 Insider Buying Report: GBDC, COUP

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.


Monday 12/28 Insider Buying Report: GBDC, COUP

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.

At Golub Capital BDC, a filing with the SEC revealed that on Wednesday, Chairman Lawrence E.

Golub purchased 4,000 shares of GBDC, for a cost of $13.90 each, for a total investment of $55,614.

Golub Capital BDC is trading up about 0.4% on the day Monday.

Before this latest buy, Golub bought GBDC on 48 other occasions during the past year, for a total cost of $16.13M at an average of $12.89 per share.

And at Coupa Software, there was insider buying on Wednesday, by Michelle Brennan who purchased 100 shares for a cost of $358.57 each, for a trade totaling $35,857.

Coupa Software is trading off about 2.6% on the day Monday.

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