CNU News: As Chorus Limited's (NZSE:CNU) market cap increased NZ$285m, insiders who bought last year may be re - 22nd Feb 2022, 8:14am

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Chorus Limited (NZSE:CNU) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 9.3% resulting in a NZ$285m addition to the company’s market value. In other words, the original NZ$321k purchase is now worth NZ$349k.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

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>>> Read more: As Chorus Limited's (NZSE:CNU) market cap increased NZ$285m, insiders who bought last year may be reflecting on buying more