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 Monadelphous Group Limited (ASX:MND), it sends a favourable message to the company's shareholders.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for Monadelphous Group
Monadelphous Group Insider Transactions Over The Last Year
T...
>>> Read more: Monadelphous Group Limited (ASX:MND) insiders placed bullish bets worth AU$773k in the last 12 months
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for Monadelphous Group
Monadelphous Group Insider Transactions Over The Last Year
T...
>>> Read more: Monadelphous Group Limited (ASX:MND) insiders placed bullish bets worth AU$773k in the last 12 months