Thursday 3/26 Insider Buying Report: EQC, EYEN

Thursday 3/26 Insider Buying Report: EQC, EYEN

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 Monday, Equity Commonwealth's Director, Gerald A.

Spector, made a $2.88M purchase of EQC, buying 100,000 shares at a cost of $28.84 a piece.

Spector was up about 11.0% on the purchase at the high point of today's trading session, with EQC trading as high as $32.01 at last check today.

Equity Commonwealth is trading up about 2.7% on the day Thursday.

And also on Monday, Stuart M.

Grant bought $1.86M worth of Eyenovia, buying 903,240 shares at a cost of $2.06 a piece.

Before this latest buy, Grant made one other purchase in the past twelve months, buying $397,172 shares for a cost of $3.03 each.

Eyenovia is trading down about 0.8% on the day Thursday.

So far Grant is in the green, up about 21.5% on their buy based on today's trading high of $2.50.