Published on 26 Aug 2021 on Simply Wall St. via Yahoo Finance
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Harbor Custom Development, Inc. (NASDAQ:HCDI), that sends out a positive 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, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Harbor Custom Development