A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will rise and they want to profit from it. Thus, insider buying can be an encouraging signal for potential investors.
In the past week or so, a couple of gold-mining stocks attracted the attention of insider buyers.
Meanwhile, an independent upstream oil and gas company and a maker of consumer electronics also saw some big insider purchases. Let’s take a quick look at these notable transactions of the past week.
This post originally appeared at 24/7 Wall St.