Bargain hunters should note recent insider buying activity, which may signal confidence in stock performance. On Monday, August 4, Huntsman CEO Peter R. Huntsman acquired 100,000 shares of HUN at $9.81 each, totaling $981,000. This is Huntsman’s first insider purchase in the last twelve months.
Additionally, on Thursday, Hanover Bancorp President Kevin M. O’Connor purchased 10,000 shares for $268,800, with each share priced at $26.88. As of Tuesday, shares of Hanover Bancorp are trading at $26.41, approximately 1.7% below O’Connor’s purchase price.
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