Thursday 7/29 Insider Buying Report: WMPN, VYNT

Thursday 7/29 Insider Buying Report: WMPN, VYNT

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 dollars 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 dollars to make a purchase, is that they expect to make money.

Today we look at two noteworthy recent insider buys.

On Wednesday, William Penn Bancorporation's CEO, Kenneth John Stephon, made a $100,108 purchase of WMPN, buying 8,413 shares at a cost of $11.90 a piece.

William Penn Bancorporation is trading up about 2.9% on the day Thursday.

Before this latest buy, Stephon bought WMPN on 2 other occasions during the past twelve months, for a total investment of $286,126 at an average of $10.33 per share.

And also on Wednesday, Director Marcus Boehm purchased $14,624 worth of Vyant Bio, purchasing 5,000 shares at a cost of $2.92 each.

Before this latest buy, Boehm made one other buy in the past twelve months, purchasing $37,224 shares for a cost of $3.72 a piece.

Vyant Bio is trading up about 0.7% on the day Thursday.

Boehm was up about 6.4% on the purchase at the high point of today's trading session, with VYNT trading as high as $3.11 at last check today.