--- title: "Tuesday 3/17 Insider Buying Report: GOGO, PATK" type: "News" locale: "en" url: "https://longbridge.com/en/news/279473471.md" description: "On March 17, insider buying was reported for Gogo and Patrick Industries. Gogo's Director, Charles C. Townsend, purchased 250,000 shares for $1.14M at $4.55 each, with the stock up 2.4%. Previously, he bought shares totaling $2.74M at an average of $6.84. Meanwhile, Patrick Industries' Director, M. Scott Welch, bought 10,000 shares for $1.14M at $113.68 each, with the stock down 1.2%. Welch's prior investments totaled $19,049 at an average of $105.24." datetime: "2026-03-17T17:50:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279473471.md) - [en](https://longbridge.com/en/news/279473471.md) - [zh-HK](https://longbridge.com/zh-HK/news/279473471.md) --- # Tuesday 3/17 Insider Buying Report: GOGO, PATK Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. On Thursday, Gogo's Director, Charles C. Townsend, made a $1.14M purchase of GOGO, buying 250,000 shares at a cost of $4.55 each. Gogo is trading up about 2.4% on the day Tuesday. Before this latest buy, Townsend purchased GOGO on 3 other occasions during the past twelve months, for a total cost of $2.74M at an average of $6.84 per share. And at Patrick Industries, there was insider buying on Thursday, by Director M. Scott Welch who purchased 10,000 shares for a cost of $113.68 each, for a total investment of $1.14M. Before this latest buy, Welch purchased PATK at 3 other times during the past twelve months, for a total investment of $19,049 at an average of $105.24 per share. Patrick Industries is trading down about 1.2% on the day Tuesday. **VIDEO: Tuesday 3/17 Insider Buying Report: GOGO, PATK** The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [PATK.US](https://longbridge.com/en/quote/PATK.US.md) - [GOGO.US](https://longbridge.com/en/quote/GOGO.US.md) ## Related News & Research - [Patrick Industries (PATK) Expected to Announce Quarterly Earnings on Thursday](https://longbridge.com/en/news/283785740.md) - [Patrick Industries Q1 sales edges past estimates on marine, powersports growth](https://longbridge.com/en/news/284766538.md) - [Roth MKM Sticks to Their Buy Rating for Patrick Industries (PATK)](https://longbridge.com/en/news/280957482.md) - [Mairs & Power Inc. Buys New Holdings in Patrick Industries, Inc. $PATK](https://longbridge.com/en/news/279430934.md) - [Patrick Industries Reports Strong Q4 and Full-Year 2025 Results](https://longbridge.com/en/news/274984204.md)