stocks prices, charts & quotes

Free Stock Prices, Charts & Stock Price Quotes

Symbol Search Browse Symbols My Charts Menu
F.A.Questions Suggestion Box Advertising Info Commodity Charts Forex Markets

Stocks & Financial News

Breaking financial news 24/7 courtesy of Inc. / TFC Commodity Charts

Wednesday 7/29 Insider Buying Report: INTC, CADE

Jul 29, 2020 ( via COMTEX) --

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.

At Intel, a filing with the SEC revealed that on Friday, CEO Robert Holmes Swan bought 8,021 shares of INTC, at a cost of $50.00 each, for a total investment of $401,050. Bargain hunters have the opportunity to buy INTC even cheaper than Swan did, with shares changing hands as low as $48.60 in trading on Wednesday -- that's 2.8% below Swan's purchase price. Intel is trading off about 1.1% on the day Wednesday. Before this latest buy, Swan made one other buy in the past year, purchasing $498,953 shares at a cost of $45.70 each.

And on Monday, CEO Paul B. Murphy Jr. bought $122,250 worth of Cadence Bancorporation, buying 15,000 shares at a cost of $8.15 each. Before this latest buy, Murphy Jr. made one other purchase in the past twelve months, buying $158,800 shares at a cost of $15.88 a piece. Cadence Bancorporation is trading up about 1.2% on the day Wednesday.

The preceding is a transcript of the video published at:
comtex tracking

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.