Alcoa, Inc.: A 12.8% Better Bargain Than When Sorrell Bought
May 30, 2012 at 13:44 PM EDT
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on April 16, Alcoa, Inc.'s Director, Martin Sorrell, invested $18,197.07 into 1,848 shares of AA, for a cost per share of $9.85.