Published on 27 Feb 2024 on Simply Wall St. via Yahoo Finance
Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Northrim BanCorp, Inc. (NASDAQ:NRIM), it sends a favourable message to the company's shareholders.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
Check out our latest analysis for Northrim BanCorp