Published on 15 Feb 2023 on Simply Wall St. via Yahoo Finance
It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Genesco Inc.'s (NYSE:GCO) case, it's fantastic news for shareholders.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Genesco