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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 Turners Automotive Group Limited (NZSE:TRA), 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 Turners Automotive...
>>> Read more: A number of insiders bought Turners Automotive Group Limited (NZSE:TRA) stock last year, which is great 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 do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for Turners Automotive...
>>> Read more: A number of insiders bought Turners Automotive Group Limited (NZSE:TRA) stock last year, which is great news for shareholders