Monday 11/29 Insider Buying Report: SRRA, MNRO

Video Credit: Market News Video
Published on November 29, 2021 - Duration: 00:53s

Monday 11/29 Insider Buying Report: SRRA, MNRO

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 dollars to make a purchase, is that they expect to make money.

Today we look at two noteworthy recent insider buys.


Monday 11/29 Insider Buying Report: SRRA, MNRO

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 dollars to make a purchase, is that they expect to make money.

Today we look at two noteworthy recent insider buys.

On Wednesday, Sierra Oncology's Director, Craig A.

Collard, made a $310,863 purchase of SRRA, buying 13,500 shares at a cost of $23.03 each.

Sierra Oncology is trading up about 0.5% on the day Monday.

And also on Wednesday, CEO & President Michael T.

Broderick bought $301,098 worth of Monro, buying 5,000 shares at a cost of $60.22 each.

Before this latest buy, Broderick bought MNRO at 2 other times during the past twelve months, for a total investment of $919,292 at an average of $61.29 per share.

Monro Inc is trading off about 0.1% on the day Monday.

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