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Benzinga
Benzinga
Business
Tim Melvin

Alpha Buying: Bank Insiders Are Quietly Loading Up — Here's Where

22-Year-Old’s Risky Stock Bet Shocks Dave Ramsey

Insiders began showing back up last week. A little bit of selling pressure, combined with the fact that insider windows were reopening for companies that already reported earnings, caused some executives and directors to open their checkbook and buy shares of the companies they help oversee.

Leading the charge were bankers and bank board members. 8 of the 32 companies that saw six figure purchases in the last week were banks.

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