Subscribe!
Who is John Mugarian? What is Dynamic Growth? Customer Service Contact Home
The Journal Reports Questions and Answers Newsletter Portfolio Links


« Fed Funds Raised to 5% | Main | Market is Working off Overbought Condition »

"They're Back"- More Insider Activity on BSX

With the exception of one seller, Boston Scientific (BSX) continues to attract insider buying. The lone seller is
Nancy Ann Deparle, who was a Director at Guidant, was also a senior adviser to JP Morgan Partners. My best guess here is that her services are no longer needed, especially in light of the merger between GDT and BSX.

Today, we see that Director Nick Nicholas has increased his appetite for BSX shares as he added another 10,000 at $21.39. This brings Nicks total up to 40,000 shares purchased in the open market.

In addition, Mr. Nick brought someone else along for the ride as another Director, Ernest Mario bought 50,000 shares of BSX at $21.35.

As the old saying goes, insiders will sell for a variety of reasons, but they usually only buy for one.

Disclaimer—This is for informational purposes only and is in no way a solicitation or an offer to sell securities. I am a registered investment advisor, but only provide solicited advice to clients of our firm in states where we are registered or where an exemption or exclusion from such registration exists. nothing on this website should be interpreted to state or imply that past results are any indication of future performance. carefully assess your own risk tolerance and goals before investing.