Tuesday 10/19 Insider Buying Report: FAST, OMI


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 Fastenal, a filing with the SEC revealed that on Friday, Director Sarah N. Nielsen purchased 1,000 shares of FAST, for a cost of $55.76 each, for a total investment of $55,760. Nielsen was up about 1.3% on the buy at the high point of today’s trading session, with FAST trading as high as $56.47 in trading on Tuesday. Fastenal is trading up about 1.4% on the day Tuesday.

And also on Friday, Director Robert J. Henkel bought $33,330 worth of Owens & Minor, buying 1,000 shares at a cost of $33.33 each. Before this latest buy, Henkel bought OMI at 3 other times during the past twelve months, for a total investment of $97,110 at an average of $32.37 per share. Owens & Minor, is trading up about 2.5% on the day Tuesday.

VIDEO: Tuesday 10/19 Insider Buying Report: FAST, OMI

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



Read Full Article

Latest articles

One Ethereum Rival Primed for All-Time Highs As ETH Sets Up for Massive Breakout Against Bitcoin: Top Crypto Analyst

Widely followed crypto analyst Pentoshi says that an Ethereum rival is jostling for new all-time highs as ETH also looks ready to fly...

ServiceNow Teams up with Hedera to Leverage Blockchain Tech

I know what you’re thinking; blockchain is just a buzzword that’s been thrown around in the past few years. I’ll admit it has...

Two of the biggest cryptocurrencies in the crypto market are set to double in value this year, according to analysts

Ethereum and Bitcoin, two of the biggest cryptocurrencies in the market, are set to at least double their price before the end of...

Global Blockchain Distributed Ledger Market Outlook to 2026 with Profiles of Key Players, Including Accenture, AWS, Huawei Technologies, Intel, IBM, iXLedger, NTT DATA Corp,...

DUBLIN, November 26, 2021--(BUSINESS WIRE)--The "Blockchain Distributed Ledger Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added...

Related articles

Leave a reply

Please enter your comment!
Please enter your name here