Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. At Limbach Holdings, a filing with the SEC revealed that on Tuesday, Director Joshua Horowitz purchased 7,820 shares of LMB, at a cost of $50.00 each, for a total investment of $391,013. So far Horowitz is in the green, up about 6.6% on their buy based on today's trading high of $53.28. Limbach Holdings is trading up about 5% on the day Wednesday. This buy marks the first one filed by Horowitz in the past twelve months.
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