Bargain hunters are advised to monitor insider buying trends, as they often indicate expectations of future gains. On Wednesday, Cavco Industries CEO William C. Boor purchased 1,000 shares of CVCO at $495 each, totaling $495,000. Following this purchase, Boor’s investment has risen approximately 7.2%, as shares reached a high of $530.88 on Thursday. Cavco Industries’ stock was up around 4% on the same day.
Additionally, Standex International Director Andy L. Nemeth bought 2,000 shares at $245 each for a total investment of $490,000 on Wednesday. This acquisition follows a previous purchase he made in the past year of shares valued at $418,992. Standex International’s shares were slightly up, trading at around $236.16, which is 3.6% lower than Nemeth’s recent purchase price.
