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. On Thursday, Oxford Industries' CEO and President, Thomas Caldecot Chubb III, made a $65,375 buy of OXM, purchasing 2,500 shares at a cost of $26.15 each. Investors can buy OXM even cheaper than Chubb III did, with shares changing hands as low as $24.78 at last check today -- that's 5.2% under Chubb III's purchase price. Oxford Industries is trading down about 3.8% on the day Tuesday. Before this latest buy, Chubb III purchased OXM at 3 other times during the past twelve months, for a total investment of $376,103 at an average of $34.19 per share.
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