Published on 29 Apr 2021 on Benzinga via Yahoo Finance
Last Week's Notable Insider Buys Included Evergy, StoneMor, Tattooed Chef And More
Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.Even with a new earnings season underway, insiders were still making notable share purchases.Some of those insiders made return trips to the buy window, and a couple of chief executives were among the buyers too.
Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets or the markets are near all-time highs.