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Monday 6/10 Insider Buying Report: F, JXN

June 10, 2024 — 11:53 am EDT

Written by BNK Invest for BNK Invest->

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 Ford Motor, a filing with the SEC revealed that on Thursday, Director John L. Thornton bought 24,790 shares of F, for a cost of $12.08 each, for a total investment of $299,463. So far Thornton is in the green, up about 2.2% on their purchase based on today's trading high of $12.35. Ford Motor is trading up about 1.4% on the day Monday.

And also on Thursday, CFO Don W. Cummings bought $205,160 worth of Jackson Financial, buying 2,826 shares at a cost of $72.60 a piece. This buy marks the first one filed by Cummings in the past year. Jackson Financial is trading off about 1.7% on the day Monday.

Monday 6/10 Insider Buying Report: F, JXNVIDEO: Monday 6/10 Insider Buying Report: F, JXN

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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