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Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Autosports Group Limited (ASX:ASG), it sends a favourable message to the company's shareholders.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Aut...
>>> Read more: Multiple insiders bought Autosports Group Limited (ASX:ASG) stock earlier this year, a positive sign for shareholders
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Aut...
>>> Read more: Multiple insiders bought Autosports Group Limited (ASX:ASG) stock earlier this year, a positive sign for shareholders