Published on 29 May 2024 on Simply Wall St. via Yahoo Finance
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 Copper Search Limited (ASX:CUS), 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.