Insiders Have Been Buying Up Stock in These Two Companies

Insiders Have Been Buying Up Stock in These Two Companies

Earnings season is upon us yet again, frequently bringing along binary events in which stocks can move up or down dramatically, based on surprising reports. Wall Street consensus estimates can be only so accurate, and when they aren’t, a stock can sell-off or be pushed up by buying pressure. In many cases, it can be like a full-time job to examine a company’s financials in an attempt to determine if it is undervalued or not.  

However, this is not the case for everyone. 

Corporate insiders, defined as senior officials, individuals with more than 10% equity in a particular stock, or members of a board of directors, often have more information to work with, when deciding when to buy company shares. Trying to time the market is something many investing pros will advise against, yet some of the most successful traders do so, time and time again.