Published on 26 Apr 2024 on Simply Wall St. via Yahoo Finance
Insider Stock Buying Reaches US$884.6k On Genesco
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Genesco Inc.'s (NYSE:GCO) instance, it's good news for shareholders.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.