Friday 8/14 Insider Buying Report: DFH, TNC

This article is an insider-buying roundup highlighting two recent purchases that may signal management confidence. At Dream Finders Homes, Richard Beckwitt bought 90,000 shares at $14.05 each for a total of $1.26 million; the position was already up about 13.9% based on the day’s high of $16.00, and the stock was trading about 6% higher on Friday. At Tennant, Donal L. Mulligan bought 8,000 shares at $67.34 each, totaling $538,720. Mulligan’s latest purchase follows one prior buy in the past 12 months, and the trade was up about 4.0% based on a $70.00 intraday high, while Tennant was up about 3.5% Friday. Overall, the report is mildly bullish for both names as insider buying often suggests confidence in future price appreciation.