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Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Insurance Australia Group Limited (ASX:IAG), that sends out a positive 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 would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Insurance Austr...
>>> Read more: Quite a few insiders invested in Insurance Australia Group Limited (ASX:IAG) last year which is positive news for shareholders
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Insurance Austr...
>>> Read more: Quite a few insiders invested in Insurance Australia Group Limited (ASX:IAG) last year which is positive news for shareholders
