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 Wednesday, First Horizon's Director, William H. Fenstermaker, made a $116,196 buy of FHN, purchasing 10,000 shares at a cost of $11.62 a piece. First Horizon is trading off about 0.3% on the day Friday. Before this latest buy, Fenstermaker made one other buy in the past twelve months, purchasing $28,190 shares at
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Components of that ETF with the highest volume on Thursday were Big Lots, trading up about 3.8% with over 1.1 million shares changing hands so far this session, and Dow, up about 0.3% on volume of over 1.0 million shares. Rand Capital is the component faring the best Thursday, up by about 4.8% on the day, while BP Prudhoe Bay Royalty Trust is lagging other components of the Invesco International Developed Dynamic Multifactor ETF, trading lower by about 3.2%. For MarketNewsVideo.com, I'm Sayoko Murase. googl