$1.7M Bet On This Healthcare Stock? Check Out These 3 Stocks Insiders Are Buying

Although US stocks closed slightly higher on Friday, there were a few notable insider trades.

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.

Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform.

Fate Therapeutics

  • The Trade: Fate Therapeutics, Inc. FATE Director Jeremy Green acquired a total of 276,639 shares an average price of $6.17. To acquire these shares, it cost around $1.71 million.
  • What’s Happening: Fate Therapeutics posted a narrower-than-expected Q4 loss.
  • What Fate Therapeutics Does: Fate Therapeutics Inc is a clinical-stage biopharmaceutical company based in the United States. It is engaged in the development of programmed cellular immunotherapies for cancer and immune disorders.

BCB Bancorp

  • The Trade: BCB Bancorp, Inc. BCBP Director James G Rizzo acquired a total of 2,000 shares at an average price of $11.21. To acquire these shares, it cost around $22.42 thousand.
  • What’s Happening: BCB Bancorp posted downbeat Q1 results.
  • What BCB Bancorp Does: BCB Bancorp Inc is a bank holding company.

Don’t forget to check out our premarket coverage here


  • The Trade: AMREP Corporation AXR Director Edward B. Cloues, II bought a total of 1,000 shares at an average price of $15.00. To acquire these shares, it cost around $15 thousand.
  • What’s Happening: Amrep posted an increase in Q3 EPS.
  • What AMREP Does: Amrep Corp through its subsidiaries is engaged in the Real estate business. Its activities include land sales and lease activities, which involve the obtaining of approvals and the sale of both developed and undeveloped lots to homebuilders, commercial users, and others, as well as investments in commercial and investment properties.


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