The Online Investor
Thursday 5/13 Insider Buying Report: PFSI, NFE
The Online Investor - Thu., May. 13, 10:35 AM

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.

At PennyMac Financial Services, a filing with the SEC revealed that on Tuesday, Director Farhad Nanji purchased 298,655 shares of PFSI, at a cost of $57.93 each, for a total investment of $17.30M. PennyMac Financial Services is trading up about 4.4% on the day Thursday. Before this latest buy, Nanji bought PFSI at 7 other times during the past twelve months, for a total cost of $94.31M at an average of $62.51 per share.

And on Monday, John J. Mack purchased $957,120 worth of New Fortress Energy, purchasing 24,000 shares at a cost of $39.88 each. Before this latest buy, Mack made one other purchase in the past year, buying $948,783 shares for a cost of $25.13 a piece. New Fortress Energy is trading up about 8.9% on the day Thursday.

Decades of Increasing Payments: 25 S.A.F.E. Dividend Stocks
10 Dividend Bargains You Can Buy Cheaper Than Insiders Did
ETFs With Stocks The Insiders Are Buying
The Top 20 Largest U.S. Stocks By Market Cap
Top Analyst Picks of the Dow
The DividendRank Top 25
10 Stocks Where Yields Got More Juicy
Feel-Good Income: 25 Socially Responsible Dividend Stocks
10 Oversold Dividend Stocks
Top Ranked Dividend Stocks With Insider Buying
Top 25 Analyst Picks With Strong Stock Repurchase Activity
The 20 Largest ETFs
The Top 25 Lowest PE Ratios of the S&P 500
10 Stocks Going Ex-Dividend
The Top 10 DividendRank'ed DJIA Components
Current Top Analyst Picks of the S&P 500
The Top 10 DividendRank'ed Nasdaq 100 Components
The Best Performing ETFs (TTM)
The Worst Performing ETFs (TTM)
The Best Performing ETFs (Last 3 Months)
The Worst Performing ETFs (Last 3 Months)
Notable ETF Inflows
Notable ETF Outflows
25 Dividend Giants Widely Held By ETFs
10 Must-Know High-Yield REITs
10 Top DividendRank'ed Financials
10 Top DividendRank'ed Metals Stocks
10 Top DividendRank'ed Energy Stocks
10 Top DividendRank'ed Utility Stocks
Forgotten Giants of the S&P 500 — Current Least Favorites
Stock market game
Quotes delayed 20 minutes


Insider Buying | The Online Investor Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.