Published on 28 Jan 2024 on Simply Wall St. via Yahoo Finance
Positive Signs As Multiple Insiders Buy Theratechnologies 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 Theratechnologies Inc. (TSE:TH), it sends a favourable message to the company's shareholders.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Theratechnologies