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. So let's look at two noteworthy recent insider buys.
On Wednesday, Streamline Health Solutions' Director, Wyche T. Green III, made a $24,500 purchase of STRM, buying 25,000 shares at a cost of $0.98 a piece. So far Green III is in the green, up about 13.7% on their buy based on today's trading high of $1.11. Streamline Health Solutions is trading up about 3.8% on the day Friday. This buy marks the first one filed by Green III in the past twelve months.
And at Yangtze River Port & Logistics, there was insider buying on Tuesday, by Director James S. Coleman who bought 6,000 shares for a cost of $2.98 each, for a trade totaling $17,874. Yangtze River Port & Logistics is trading up about 0.3% on the day Friday. So far Coleman is in the green, up about 15.5% on their buy based on today's trading high of $3.44.
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