An Altisource Insider Could Be Right

Ronald Mueller-Ineichen, a board member at Altisource Portfolio Solutions (ASPS), bought 1,000 shares of the company's stock on March 8 at an average price of $82.99 per share. He now owns nearly 10,000 shares directly.

Altisource's business segments include a mortgage services unit, which provides services to real estate investors, including property inspection and processing, and a financial services segment, which collects on debt and otherwise manages customer services for lenders and debt servicers. Insider purchases can be taken as signals that a particular insider is confident in the stock price, since the insider is committing his or her own capital to the company rather than diversifying wealth as economic theory would predict....530 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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