Published on 16 Nov 2023 on Simply Wall St. · via Yahoo Finance
Nicholas Financial Insiders Are Down US$31k But Regain Some Losses
Insiders who bought US$198.1k worth of Nicholas Financial, Inc. (NASDAQ:NICK) stock in the last year have seen some of their losses recouped as the stock gained 22% last week. However, the purchase is proving to be a costly gamble, since losses made by insiders have totalled US$31k since the time of purchase.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.