Date archive for April 13th, 2011
Insider Transactions – April 12, 2011
Insider buying was so muted today that only three companies met our threshold of a minimum $10,000 purchase. Out of these three companies one was purchased by an activist firm and the other was related to a secondary offering, purchases that I would normally exclude.
Notable Insider Buys:
1. Hot Topic Inc. (HOTT): $6.01
Director Matthew A. Drapkin acquired 712,900 shares of this troubled teen retailer, paying $5.97 per share for a total amount of $4.25 million.
These shares were acquired indirectly through Dallas-based Becker Drapkin Partners, an activist firm that focuses on small cap stocks. The ...
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