Wednesday 3/25 Insider Buying Report: SLRC, CNTY

Wednesday 3/25 Insider Buying Report: SLRC, CNTY

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.

On Friday, Solar Capital's Michael S.

Gross, made a $356,396 purchase of SLRC, buying 39,101 shares at a cost of $9.11 a piece.

So far Gross is in the green, up about 38.3% on their purchase based on today's trading high of $12.61.

Solar Capital is trading up about 19.2% on the day Wednesday.

Before this latest buy, Gross bought SLRC on 5 other occasions during the past twelve months, for a total cost of $2.88M at an average of $15.09 per share.

And at Century Casinos, there was insider buying on Friday, by Vice Chairman Peter Hoetzinger who bought 250,000 shares at a cost of $1.35 each, for a trade totaling $337,500.

This purchase marks the first one filed by Hoetzinger in the past year.

Century Casinos is trading up about 22.5% on the day Wednesday.

So far Hoetzinger is in the green, up about 181.5% on their purchase based on today's trading high of $3.80.