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When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Westpac Banking Corporation's (ASX:WBC) instance, it's good 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.
View our latest analysis for Westpac Banking
Westpac Banking Insider Transact...
>>> Read more: Bullish Westpac Banking Corporation (ASX:WBC) insiders filled their treasuries with AU$731k worth of stock over 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.
View our latest analysis for Westpac Banking
Westpac Banking Insider Transact...
>>> Read more: Bullish Westpac Banking Corporation (ASX:WBC) insiders filled their treasuries with AU$731k worth of stock over last year
