Notable Insider Buys Last Week: Avis Budget, SmileDirectClub And More

* Insider buying can be an encouraging signal for potential investors during periods of uncertainty. * A number of chief executive officers were putting their money where the mouth is and buying shares last week. * Health care companies were well represented among last week’s most notable insider buys.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 from it. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty.Insiders continued …read more

Source:: Yahoo Finance

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