Much attention has been paid lately to the fact that Warren Buffett has been trimming stakes and building a cash hoard. So it was a bit of a surprise to see three huge insider purchases from Berkshire Hathaway late last week. We’ll take a quick look at these transactions.
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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