5 stocks insiders bought with their own money this month. None of them are the names you keep seeing on here.
BABA:
Joseph Tsai, co-founder and chairman, picked up 720,000 shares on August 25. $10.4 million.
TM:
Toyota’s president Kon Kenta bought 85,000 shares on August 5 for about $1.56 million.
SITE:
CEO Doug Black bought 5,000 shares on August 26 at roughly $96. Landscape supply distributor, 670 branches, down 25% over three months and nobody talks about it.
TTMI:
CEO Edwin Roks bought 10,000 shares on August 25. About $1.12 million.
BKKT:
Michael Alfred has made 5 separate purchases in six months. 1.16 million shares, roughly $9.1 million, and zero sales.
Bonus one: Boston Scientific’s CEO bought $9 million of his own stock on August 12.
Insider selling tells you nothing. Taxes, a divorce, a house, a pre-scheduled plan. Dozens of reasons. Buying has one.
If you want to know the stocks WE are buying right now, you know exactly where to find us. Link in bio.