Published on 5 Apr 2023 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 SKYX Platforms Corp.'s (NASDAQ:SKYX) 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.
View our latest analysis for SKYX Platforms