Last week, 3 Directors of small biotech BLPH – Bellerophon Theraputics, Inc bought a combined $1,215,000 worth of stock with their own money. This is the first such purchase that any of these 3 directors bought stock in the open market.
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This week, James DeFranco (Executive VP) at DISH (Dish Network) purchased 25,000 shares in the open market at $28.01 with his own money. It is a $700,350 vote of confidence he is making in the company.
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The CEO of Valvoline VVV, Samuel Mitchell purchased $519,500 of VVV stock with is own money this week. He purchased 25,000 shares at $20.78 per share.
The CEO and CFO of Medtronic ($MDT) used the recent weakness on January 9 Continue reading “Insider Buying”
Insiders seemed unfazed by the additional ~47.7% drop in $LJPC La Jolla Pharmaceutical Company on Jan 7 – as they have been in the market scooping up shares since the company announced preliminary operating Continue reading “Insider Buying”
David Steiner, a Director of FedEx (FDX) did some bargain shopping last week – picking up 7000 shares of FedEx in the bargain bin. Wall Street is one of the few places that when they hold a big sale, no one shows up! David Steiner did and bet $1,140,446 of his own money that the future is a lot brighter than the street thought in December.
