As tech giants and other sector leaders report their most recent quarterly results, one might expect notable insider purchases to be scarce. However, a couple of initial public offerings and a secondary offering inspired insiders to pick up some shares.
A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will rise and they want to profit from it. Thus, insider buying can be an encouraging signal for potential investors.
Here are some of the more notable insider purchases that were reported in the past week or so.
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