Savvy Trades and Investments

[2morrowsGains]

WSTG...Did you see WSTG's share-buyback and insider buying?...

NICE share-buyback news tucked in yesterday's 8k filing. I REALLY like the news, especially with only 4.3M shares outstanding and a float of only 3.4M shares. I was adding in the low $18's and below today. Was able get shares in the $17's also. Have you seen the recent insider buying in the $20's?.

From yesterday's 8k...

The Company has engaged in stock repurchases of its common stock (the “Common Stock”) from time to time. A total of 2,963,525 shares of Common Stock have been repurchased as of December 14, 2020, leaving a balance of 547,488 shares of Common Stock that the Company currently is authorized to buy back in the future.
On December 14, 2020, the Board of Directors of the Company approved and the Company entered into a written purchase plan intended to comply with the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Plan”). Purchases involving shares of the Company’s Common Stock under the Plan may take place commencing December 14, 2020, and the Plan shall terminate upon the first to occur of (i) 100,000 shares of Common Stock under this Plan have been purchased, or (ii) the close of the Nasdaq Stock Market on July 30, 2021.
https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=14559521&RcvdDate=12/14/2020&CoName=WAYSIDE%20TECHNOLOGY%20GROUP%2C%20INC.&FormType=8-K&View=html

Insider activity...
https://www.nasdaq.com/market-activity/stocks/wstg/insider-activity