Insider Purchases Highlight Potential Opportunities in Key Stocks
Investors should pay attention to insider buying trends, as these moves can signal confidence in a company’s future performance. Today, we examine two recent significant insider buys that caught our attention.
At Sachem Capital, it was reported that Chairman, CEO, and President John L. Villano bought 124,660 shares of SACH on Wednesday. He paid $1.61 per share, totaling around $200,703. Currently, Villano is seeing a positive return, with shares up about 9.3% based on today’s trading high of $1.76. On Thursday, Sachem Capital’s stock is down approximately 1.2%.
In another noteworthy transaction, Gerard E. Holthaus of WillScot Holdings made an insider purchase on Tuesday. He acquired 5,000 shares at a price of $34.99 each, equating to an investment of $174,956. This is the first insider buy reported by Holthaus in the past year. As of Thursday, WillScot Holdings’ stock is slightly down by about 0.1%.
VIDEO: Thursday 11/21 Insider Buying Report: SACH, WSC
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
