Carlos Rodriguez, President And CEO at Automatic Data Processing (NASDAQ:ADP), made a large buy and sell of company shares on September 8, according to a new SEC filing.
When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, 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. At best, it can lend conviction to a buying decision.
Vijay Mayadas, Corporate Vice Presidentident at Broadridge Financial Soln (NYSE:BR), made a large buy and sell of company shares on September 7, according to a new SEC filing.
John Ayala, Corp. Vp at Automatic Data Processing (NASDAQ:ADP), made a large buy and sell of company shares on September 3, according to a new SEC filing.
James Hippel, Chief Financial Officer at Bio-Techne (NASDAQ:TECH), made a large buy and sell of company shares on September 2, according to a new SEC filing.