Insider Transactions Spotlight: Notable Stock Purchases at Bread Financial and BT Brands
The motivations behind buying and selling stocks can often differ. While insiders may sell for various reasons, they typically buy because they foresee potential profits. Let’s examine two recent insider purchases that have caught attention.
At Bread Financial Holdings, a recent SEC filing showed that on Monday, Director John J. Fawcett acquired 1,000 shares of BFH at $51.02 each, totaling an investment of $51,020. As of Thursday, Bread Financial Holdings is down approximately 1.4% in trading. Prior to this transaction, Fawcett bought $99,644 worth of shares in the past year at a price of $49.82 each.
Meanwhile, on the same day, Chief Executive Officer Gary Copperud of BT Brands made a significant purchase. He bought 16,317 shares for $1.69 each, amounting to $27,538. Interestingly, BT Brands experienced an uptick, trading up about 1.2% on Thursday.
VIDEO: Thursday 10/31 Insider Buying Report: BFH, BTBD
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