Tuesday 5/5 Insider Buying Report: TXT, ACGL

At Textron, a filing with the SEC revealed that on Friday, Director Thomas A. Kennedy bought 10,300 shares of TXT, for a cost of $95.98 each, for a total investment of $988,594. Bargain hunters have the opportunity to buy TXT at a price even lower than Kennedy did, with the stock trading as low as $90.30 in trading on Tuesday -- that's 5.9% below Kennedy's purchase price. Textron is trading up about 1.3% on the day Tuesday. This buy marks the first one filed by Kennedy in the past year.

And on Thursday, Director Daniel Joseph Houston bought $498,650 worth of Arch Capital Group Ltd (ACGL), buying 5,300 shares at a cost of $94.08 each. Arch Capital Group is trading up about 0.4% on the day Tuesday.

VIDEO: Tuesday 5/5 Insider Buying Report: TXT, ACGL

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