Thursday 8/6 Insider Buying Report: BWB, MRLN

Thursday 8/6 Insider Buying Report: BWB, MRLN

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 Wednesday, Bridgewater Bancshares's Director, David B.

Juran, made a $515,199 buy of BWB, purchasing 54,457 shares at a cost of $9.46 a piece.

Juran was up about 3.3% on the purchase at the high point of today's trading session, with BWB trading as high as $9.77 in trading on Thursday.

Bridgewater Bancshares is trading off about 2.2% on the day Thursday.

And on Tuesday, Director Lawrence J.

Deangelo purchased $183,625 worth of Marlin Business Services, purchasing 25,000 shares at a cost of $7.34 a piece.

Before this latest buy, Deangelo made one other purchase in the past twelve months, buying $439,945 shares at a cost of $8.36 each.

Marlin Business Services is trading down about 0.7% on the day Thursday.