When a company’s executives and board members voraciously buy their own stock suddenly, it’s worthy of attention.
Share purchases by insiders are often viewed as a vote of confidence in a company’s stock. People within an organization have first-hand knowledge of the company’s happenings and performance. Seeing them buy stock can be taken as a sign that the executives and board members feel that the share price is likely to rise in the future.
Outside investors are always looking for clues related to stocks, and insider buying and selling is seen as a reliable indicator of sentiment within companies. Let’s explore bullish signs of three insiders currently snapping up company stock.
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