Whether you’re trading higher-priced or penny stocks, the year-end trends are mixed in 2022. While some may presume tax-loss selling is going to weigh heavier, others are loading up on their current holdings. In this article, we look at a few notable insiders who are doing the latter.
With less than two weeks left before 2023, it may be interesting to see insiders buying stocks instead of selling. Will this be the right choice in the face of higher inflation and a pending recession? Time will tell.
But for now, sentiment is a bit more upbeat in a few of these penny stocks thanks to a vote of confidence from some of the people closest to the underlying operations. I’ll also include an overview of how you can find insider trading and institutional buying activity on your own so that you, too, can identify this type of data.
This post originally appeared at PennyStocks.com.