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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 GDI Property Group (ASX:GDI), 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, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for GDI Property Group
GDI Property ...
>>> Read more: Great news for GDI Property Group (ASX:GDI): Insiders acquired stock in large numbers last year
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for GDI Property Group
GDI Property ...
>>> Read more: Great news for GDI Property Group (ASX:GDI): Insiders acquired stock in large numbers last year