Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
A SPAC, a REIT and some tech companies saw notable insider buying this past week.
Chief executive officers were among last week's insiders adding to their stakes as well.
Gainers
DLocal Limited (NASDAQ: DLO) shares jumped 54.2% to close at $32.39 on Thursday. DLocal raised around $92.6 million from the sale of 4.4 million shares in its IPO.
Toward the end of trading Thursday, the Dow traded up 0.11% to 34,638.95 while the NASDAQ fell 0.69% to 13,661.27. The S&P also fell, dropping 0.18% to 4,200.55.
Midway through trading Thursday, the Dow traded up 0.07% to 34,623.16 while the NASDAQ fell 0.55% to 13,680.32. The S&P also fell, dropping 0.14% to 4,202.12.
Gainers
GTT Communications, Inc. (NYSE: GTT) shares jumped 66% to $4.16 on abnormally-high volume. The company’s stock also jumped over 57% on Wednesday.