BX

Blackstone Inc.

92.83
USD
1.75%
92.83
USD
1.75%
86.97 149.78
52 weeks
52 weeks

Mkt Cap 64.15B

Shares Out 691.09M

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Friday 4/29 Insider Buying Report: ALZN, BX

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 Tuesday, Alzamend Neuro's , Milton C. Ault III, made a $4M purchase of ALZN, buying 2,666,667 shares at a cost of $1.50 a piece. Bargain hunters can snag ALZN at a price even lower than Ault III did, with the stock changing hands as low as $0.91 at last check today which is 39.3% below Ault III's purchase price. Alzamend Neuro is trading up about 4.3% on the day Friday. Before this latest buy, Ault III bought ALZN on 23 other occasions during the past twelve months, for a total cost of $11.99M at an average of $4.59 per share. And on Wednesday, Director Ruth Porat purchased $548,450 worth of Blackstone, purchasing 5,000 shares at a cost of $109.69 each. Before this latest buy, Porat made one other purchase in the past year, buying $631,050 shares at a cost of $126.21 each. Blackstone is trading up about 1.3% on the day Friday. Bargain hunters can pick up BX even cheaper than Porat did, with the stock trading as low as $106.42 at last check today -- that's 3.0% under Porat's purchase price. VIDEO: Friday 4/29 Insider Buying Report: ALZN, BX The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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