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Friday, 17 September 2021

Monday 9/13 Insider Buying Report: TEN, RILY

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Monday 9/13 Insider Buying Report: TEN, RILY
Monday 9/13 Insider Buying Report: TEN, RILY

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.

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.

At Tenneco, a filing with the SEC revealed that on Wednesday, Director Dennis J.

Letham purchased 32,300 shares of TEN, at a cost of $13.96 each, for a total investment of $450,908.

Tenneco Inc is trading up about 6.2% on the day Monday.

And on Friday, CEO B.

Riley Securities, Andrew Moore purchased $301,000 worth of B.

Riley Financial, purchasing 5,000 shares at a cost of $60.20 each.

Before this latest buy, Moore purchased RILY on 2 other occasions during the past twelve months, for a total investment of $656,924 at an average of $65.69 per share.

B.

Riley Financial is trading off about 1.2% on the day Monday.

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