Insider trades are a sign of broad daylight

74
1
Insider trades are a sign of broad daylight

There were a few notable insider trades, despite the fact that US stocks traded higher on Monday.

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. This signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. It can give conviction to a buying decision.

Below is a look at some recent insider purchases. You can see the insider transactions platform of Benzinga.

What s Happening: Enovix said its Board of Directors approved the design of its next-generation manufacturing line, Gen 2 Autoline.

Don t forget to check out our premarket coverage here.

Check out 3 High-Yielding Dividend Stocks In Tech And Telecom Sector From Wall Street's Most Accurate Analysts - Check This Out: