Recent Insider Purchases Highlight Investment Opportunities in MBC and KYN

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy: they expect to make money. This article explores two noteworthy insider purchases made recently.

MasterBrand Insider Buys 20,000 Shares

On Friday, Director Robert Crisci of MasterBrand revealed to the SEC that he acquired 20,000 shares of MBC at a cost of $14.08 each, resulting in a total investment of $281,600. Currently, investors can purchase MBC shares even cheaper than Crisci’s price, as the stock traded as low as $12.95 on Wednesday, which is 8% below Crisci’s purchase price. On the same day, MasterBrand’s shares were up about 1.6%.

Kayne Anderson’s President Invests $252,000

Also on Friday, President James C. Baker of Kayne Anderson MLP Investment acquired 20,000 shares, spending $12.60 per share for a total of $252,000. On Wednesday, Kayne Anderson MLP Investment’s stock was down about 1%. Investors interested in KYN can find shares trading as low as $12.24, which is 2.8% below Baker’s purchase price.

report: MBC, KYN” style=”margin-right: 6px; margin-bottom: 5px;” align=”left” border=”0″>VIDEO: Wednesday 3/5 Insider Buying report: MBC, KYN

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