A brutal week of selling gave some confident C-suite level executives a big opportunity to buy more of their own companies. One in particular really stepped up. Here are the five stocks that saw the most insider purchases, according to data compiled by Verity Data. This week marks the first time in a long time that every single one of the top buys is more than $2 million, the data shows. Asana Dustin Moskowitz, CEO of software company Asana , bought $349.
Founder and Executive Chair Kelcy Warren continued to pour money into his company with another 3 million shares at $12 apiece for a total insider buy of $36 million this week. Warren has now bought $66 million worth of the stock since early August, Verity said. American Homes 4 Rent The third place goes to American Homes 4 Rent , which saw another gigantic buy by board member and daughter of the founder Tamara Gustafson. She added $15.
Source: News Formal (newsformal.com)
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