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Monday 5/13 Insider Buying Report: PK, KMPR

May 13, 2024 — 10:33 am EDT

Written by BNK Invest for BNK Invest->

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.

At Park Hotels & Resorts, a filing with the SEC revealed that on Thursday, Thomas D. Eckert purchased 30,000 shares of PK, for a cost of $15.79 each, for a total investment of $473,598. So far Eckert is in the green, up about 2.9% on their buy based on today's trading high of $16.24. Park Hotels & Resorts is trading up about 1.9% on the day Monday. This buy marks the first one filed by Eckert in the past year.

And on Friday, Director Gerald Laderman purchased $305,050 worth of Kemper, purchasing 5,000 shares at a cost of $61.01 a piece. Kemper is trading up about 0.9% on the day Monday.

Monday 5/13 Insider Buying Report: PK, KMPRVIDEO: Monday 5/13 Insider Buying Report: PK, KMPR

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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PK
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