New York Times: A 20.8% Better Bargain Than When Ito Bought

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on May 8, New York Times Co.'s Director, Joichi Ito, invested $50,238.12 into 3,220 shares of NYT, for a cost per share of $15.60..