Friday 6/9 Insider Buying Report: FHN, CRNX
Nasdaq 2023-06-09 17:32:43 • 1 min
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 Wednesday, First Horizon's Director, William H. Fenstermaker, made a $116,196 buy of FHN, purchasing 10,000 shares at a cost of $11.62 a piece. First Horizon is trading off about 0.3% on the day Friday. Before this latest buy, Fenstermaker made one other buy in the past twelve months, purchasing $28,190 shares at a cost of $9.56 a piece.
