Insiders are Buying These 3 Large Cap Stocks
Core Insights - Insider buying activity is closely monitored by investors as it can provide insights into the long-term outlook of companies [1][10] FedEx (FDX) - FDX shares have gained approximately 12% over the past year, underperforming compared to the S&P 500 [3] - The CFO of FedEx recently purchased 1,000 shares for just under 200,000, increasing the total stake by more than 20% [8] Centene (CNC) - CNC shares have declined nearly 20% over the past year, significantly underperforming the S&P 500 [9] - Several insiders made purchases totaling approximately $1.6 million just before the Christmas holiday, although the near-term outlook remains bearish with analysts revising expectations downward [9]