There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on February 19, USA Compression Partners LP's Director, Bradford D. Whitehurst, invested $267,500.00 into 10,000 shares of USAC, for a cost per share of $26.75. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Tuesday, bargain hunters could buy shares of USA Compression Partners LP (Symbol: USAC) and achieve a cost basis 1.3% cheaper than Whitehurst, with shares changing hands as low as $26.
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