Published on 19 Jun 2024 on Simply Wall St. · via Yahoo Finance
Favourable Signals For FibroGen: Numerous Insiders Acquired Stock
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 FibroGen, Inc. (NASDAQ:FGEN), it sends a favourable message to the company's shareholders.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.