As the saying goes, there are many reasons for an insider to sell a stock, but typically, there is only one reason to buy: they expect to profit. Recently, two significant insider purchases have caught attention.

Triumph Financial’s Director Makes Notable Purchase

At Triumph Financial, SEC filings revealed that on Wednesday, Director Debra A. Bradford acquired 1,508 shares of TFIN at a cost of $49.39 each, totaling an investment of $74,480. At the peak of today’s trading session, Bradford saw an approximate gain of 8.8%, with TFIN reaching a high of $53.73 on Friday. On the same day, Triumph Financial’s share price increased by about 2.3%. This transaction marks the first insider purchase reported by Bradford in the past year.

Byrna Technologies Sees Insider Buying Activity

In a separate event, Director Emily Rooney of Byrna Technologies made a significant insider buy on Tuesday, purchasing 2,500 shares at $20.50 each, resulting in a total investment of $51,238. This marked Rooney’s first purchase reported in the last twelve months. On Friday, Byrna Technologies saw a 1% gain in its stock price. Currently, Rooney’s investment is performing well, up approximately 13.6% based on today’s trading high of $23.28.

VIDEO: Friday 4/25 Insider Buying report: TFIN, BYRN

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