On Monday, SEC filings revealed that three executives had bought an enormous amount of iHeartMedia (NASDAQ:IHRT) stock. Together, the firm’s CEO, CFO and chief accounting officer snapped up over 190,000 shares worth $1.05 million.
I’ve long noted that CEO and CFO buying is a strong positive signal to future gains. And with multiple iHeartRadio executives suddenly jumping in, these insiders are signaling that they know something that we don’t.
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