An Insider Sees Growth in This Ag Stock

 A Form 4 filed with the Securities and Exchange Commission has reported that Tractors and Farm Equipment Limited purchased close to 270,000 shares of AGCO (AGCO), a $4.9 billion market cap agricultural equipment company, on March 25 at prices of about $51 per share.

Tractors and Farm Equipment Limited has ties to AGCO board member Mallika Srinivasan, and so this transaction had to be reported as an insider purchase. The company now owns 3.5 million shares of AGCO stock. Our database of insider trading filings shows that similar purchases had been occurring during November and early December 2012 in the mid-$40s. There had been a three-month break before, however, before Tractors and Farm Equipment Limited started buying again this month....500 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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