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Insider Buying Steady as Earnings Avalanche Begins: Yum Brands, Box and More

In yet another wild week, the markets showed a lot more strength as the third-quarter earnings started to hit the tape fast and furious. With many analysts expecting the second straight quarter of year-over-year earnings to drop, anxious investors have been watching releases closely to see how their holdings have fared. While insider buying was steady, the typical earnings slowdown is in place as windows for insiders to buy and sell are closing.

We cover insider buying every week at 24/7 Wall St., and we like to remind our readers that while insider buying is usually a very positive sign, it is not in of itself a reason to run out and buy a stock. Sometimes insiders and 10% owners have stock purchase plans set up at intervals to add to their holdings. That aside, it still remains a positive indicator.

Here are some of the companies that reported notable insider buying this past week.

Amtech Systems Inc. (NASDAQ: ASYS) had a 10% owner of the company buying shares last week. Piton Capital Partners bought 305,000 shares at prices that fell between $4.89 and $5.00. The total for the purchase came to $1.5 million. The company designs, assembles, sells and installs capital...


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