15.7M Bet On Voxx International? Check Out These 3 Stocks Insiders Are Buying

Although U.S. stocks closed higher on Monday, there were a few notable insider trades.

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.

Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform.

AMREP

• The Trade: AMREP Corporation AXR 10% owner Rainey Lancaster acquired a total of 8,053 shares an average price of $21.44. To acquire these shares, it cost around $172,618.
• What’s Happening: Amrep recently reported a decline in quarterly sales.
• What AMREP Does: Amrep Corp through its subsidiaries is engaged in the Real estate business.

NB Bancorp

• The Trade: NB Bancorp, Inc. NBBK EVP, Dir Spec. Bank. Ctr. Paul Evangelista acquired a total of 15,000 shares at an average price of $13.60. To acquire these shares, it cost around $204,000.
• What’s Happening: The company’s stock gained around 1% over the past five days.
• What NB Bancorp Does: NB Bancorp Inc operates as the holding company of Needham Bank.

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VOXX International

• The Trade: VOXX International Corporation VOXX Director Steven R Downing bought a total of 1,568,750 shares at an average price of $10.00. To acquire these shares, it cost around $15.69 million.
• What’s Happening: Voxx International said on Dec 22, 2023, that the company & Seaguard entered into a settlement agreement and mutual release, with an effective date of Jan. 10, 2024.
• What VOXX International Does: VOXX International Corp manufacturer and distributor in the Automotive Electronics, Consumer Electronics, and Biometrics industries.

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