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Technology One Limited (ASX:TNE) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 3.8% resulting in a AU$146m addition to the companyâs market value. Put another way, the original AU$249k acquisition is now worth AU$298k.
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...
>>> Read more: As Technology One Limited (ASX:TNE) hits AU$4.0b market cap, insiders may be dismayed about not purchasing higher quantities
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...
>>> Read more: As Technology One Limited (ASX:TNE) hits AU$4.0b market cap, insiders may be dismayed about not purchasing higher quantities