Published on 6 Jun 2022 on Simply Wall St. via Yahoo Finance
Atento S.A. (NYSE:ATTO) insiders who bought shares over the past year were rewarded handsomely last week. The stock rose 35%, resulting in a US$49m rise in the company's market capitalisation. Put another way, the original US$118k acquisition is now worth US$513k.
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.
Check out our latest analysis for Atento