RE:Insider buying all above $3.30 per shareWithout overstating it’s importance, the purchase by Mr. Moranville is noteworthy. He’s slowly accumulating a major stake, now up to 910,000 shares. That’s up by 390,000 shares since late June, all through the public market. It’s true there was a counter balancing sale the next day by another insider. But all purchases and sakes must be viewed in context. Some insiders have more discretionary income than others. Some can afford to invest, while others must divest to pay bills. Overall, there is not that much insider trading at IVN. They are a fairly disciplined bunch, who don’t want to telegraph the wrong message. I viewed the 100,000 share purchase across 15 trades in the open market as a positive signal. He didn’t buy it on the day of the last NR, but waited until the next day, the 7th, after trading had receded somewhat. He was trying to get a decent price, off recent highs. Without overstating the significance of a 100,000 share purchase, it is a sign of confidence when an insider also regards the stock as an investment themselves. So much so, that they’re willing to buy in the open market soon after a trading blackout period expires.