Published on 11 Apr 2024 on Insider Monkey via Yahoo Finance

10 Underperforming Stocks Insiders are Buying

In this article, we will take a detailed look at the 10 Underperforming Stocks Insiders are Buying. For a quick overview of such stocks, read our article 5 Underperforming Stocks Insiders are Buying.

Legendary investor Peter Lynch in his famous book “One Up On Wall Street” talked in detail about the importance of keeping tabs on insider buying and why insiders buy or sell their company shares. In this book Lynch wrote something that became one of the most popular quotes in circles tracking corporate insider buying and selling:

“There are many reasons that officers might sell. They may need the money to pay their children’s tuition or to buy a new house or to satisfy a debt. They may have decided to diversify into other stocks. But there’s only one reason that insiders buy: They think the stock price is undervalued and will eventually go up.”