Published on 6 Apr 2024 on Simply Wall St. via Yahoo Finance
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Community Trust Bancorp, Inc.'s (NASDAQ:CTBI) 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 would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Community Trust Bancorp