* Insider buying can be an encouraging signal for potential investors. * Insiders at biotechs took advantage of initial and secondary public offerings. * Notable insider purchases were also seen at some industrial companies.Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty.Insiders continued to add shares despite overall market volatility and economic uncertainty. Here are some of the most noteworthy …read more
Source:: Yahoo Finance
