The Past Week’s Notable Insider Buys: Continental Resources, Oscar Health And More
Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
The week's most notable insider buys were at a health insurer, an oil exploration and production company, and a biotech.
Some insiders were making return trips to the buy window.
No Return-to-Office Date? Remote Productivity Software Market Set for Growth
Global collaboration software spending reached $22.6 billion in 2020, according to an IDC report, an increase of 32.9% since 2019. As the Delta variant continues to spread, companies are delaying their return-to-office plans, driving online teamwork market growth.
Notable Asana Insider Makes $72.37 Million Buy
Dustin Moskovitz, President, CEO And Chairman at Asana (NYSE:ASAN), made a large insider buy on September 10, according to a new SEC filing.
3 Stocks Insiders Are Buying
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.
The Past Week’s Notable Insider Buys: Chipotle, Krispy Kreme, Petco Health And More
Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
Some insiders were making return trips to the buy window last week.
Some chief executives were adding to their stakes as well.
