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Friday 7/12 Insider Buying Report: PBHC, APVO

Video Credit: Market News Video - Duration: 00:53s - Published
Friday 7/12 Insider Buying Report: PBHC, APVO

Friday 7/12 Insider Buying Report: PBHC, APVO

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money.

Today we look at two noteworthy recent insider buys.

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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money.

Today we look at two noteworthy recent insider buys.

On Wednesday, Pathfinder Bancorp (PBHC)'s First Vice President, Robert G.

Butkowski Jr., made a $65,780 purchase of PBHC, buying 4,600 shares at a cost of $14.30 a piece.

Pathfinder Bancorp is trading up about 0.3% on the day Friday.

Before this latest buy, Butkowski Jr. made one other purchase in the past twelve months, buying $5,754 shares for a cost of $14.00 each.

And also on Wednesday, Director Fuad El-hibri bought $16,058 worth of Aptevo Therapeutics (APVO), buying 18,919 shares at a cost of $0.85 a piece.

This buy marks the first one filed by El-hibri in the past twelve months.

Aptevo Therapeutics is trading up about 0.6% on the day Friday.

So far El-hibri is in the green, up about 2.5% on their purchase based on today's trading high of $0.87.




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