3 Large-Cap Stocks Seeing Insider Activity
Casey’s(CASY) Zacks Investment Research·2024-01-16 01:17
Investors closely monitor insider buys.It’s easy to understand why; if an insider buys, it can deliver a positive message to shareholders, indicating that they’re confident in the long-term picture of the business.But who are insiders?An insider is defined by Section 16 of the Security Exchange Act as an officer, director, 10% stockholder, or anyone who possesses information because of their relationship with the company.Many strict rules apply to insiders.Insiders can’t trade based on material nonpublic in ...