Published on 28 Aug 2023 on Simply Wall St. via Yahoo Finance
Insiders Of EMCORE Reap Rewards After Their Investment Jumps Another US$224k
Insiders who bought EMCORE Corporation (NASDAQ:EMKR) stock in the last 12 months were richly rewarded last week. The company's market value increased by US$9.1m as a result of the stock's 22% gain over the same period. As a result, their original purchase of US$1.5m worth of stock is now worth US$1.8m.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for EMCORE