Published on 31 May 2024 on Simply Wall St. via Yahoo Finance
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Ecora Resources PLC's (LON:ECOR) instance, it's good news for shareholders.
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.