Monday 11/29 Insider Buying Report: CION, EW
Monday 11/29 Insider Buying Report: CION, EW
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 11/29 Insider Buying Report: CION, EW
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.
On Wednesday, Cion Investment's CFO & Treasurer, Keith S.
Franz, made a $208,800 purchase of CION, buying 15,000 shares at a cost of $13.92 a piece.
So far Franz is in the green, up about 5.7% on their buy based on today's trading high of $14.71.
Cion Investment is trading off about 0.2% on the day Monday.
This purchase marks the first one filed by Franz in the past twelve months.
And also on Wednesday, Director Nicholas J.
Valeriani purchased $168,345 worth of Edwards Lifesciences, purchasing 1,500 shares at a cost of $112.23 a piece.
Edwards Lifesciences is trading up about 2.7% on the day Monday.