Published on 4 Feb 2023 on Simply Wall St. via Yahoo Finance
Insiders who bought US$580k worth of Casa Systems, Inc. (NASDAQ:CASA) stock in the last year recovered part of their losses as the stock rose by 17% last week. The purchase, however, has proven to be a pricey bet, with losses currently totalling US$55k.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Casa Systems