Tuesday 3/24 Insider Buying Report: HALO, AFL

Tuesday 3/24 Insider Buying Report: HALO, AFL

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.

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 Thursday, Halozyme Therapeutics' Director, Kenneth J.

Kelley, made a $748,697 purchase of HALO, buying 52,629 shares at a cost of $14.23 a piece.

Kelley was up about 25.5% on the buy at the high point of today's trading session, with HALO trading as high as $17.86 in trading on Tuesday.

Halozyme Therapeutics is trading off about 4.7% on the day Tuesday.

And at AFLAC, there was insider buying on Monday, by COO Frederick John Crawford who purchased 25,000 shares at a cost of $26.29 each, for a trade totaling $657,340.

AFLAC Inc is trading up about 10.8% on the day Tuesday.

Crawford was up about 10.0% on the buy at the high point of today's trading session, with AFL trading as high as $28.93 in trading on Tuesday.