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Tuesday 3/2 Insider Buying Report: PRMW, ACBI

Mar 02, 2021 - Nasdaq

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 Primo Water, a filing with the SEC revealed that on Monday, Chief Executive Officer Thomas Harrington purchased 35,000 shares of PRMW, for a cost of $14.53 each, for a total investment of $508,375. Primo Water is trading up about 2.3% on the day Tuesday. Before this latest buy, Harrington made o...