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01 March
Friday 3/1 Insider Buying Report: DAR, FSK

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 cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

On Thursday, Darling Ingredients', Kurt Stoffel, made a $332,960 buy of DAR, purchasing 8,000 shares at a cost of $41.62 each. Stoffel was up about 5.1% on the purchase at the high point of today's trading session, with DAR trading as high as $43.74 at last check today. Darling Ingredients is trading up about 3.4% on the day Friday. This buy marks the first one filed by Stoffel in the past twelve months.

And at FS KKR Capital, there was insider buying on Wednesday, by CIO Daniel Pietrzak who bought 10,000 shares at a cost of $18.74 each, for a trade totaling $187,381. Before this latest buy, Pietrzak purchased FSK on 2 other occasions during the past twelve months, for a total cost of $198,900 at an average of $19.89 per share. FS KKR Capital is trading up about 1.2% on the day Friday. So far Pietrzak is in the green, up about 2.0% on their purchase based on today's trading high of $19.11.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.