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2 Companies Where Insiders Are Gobbling Up Shares

·2 min read
2 Companies Where Insiders Are Gobbling Up Shares

Insiders used the rally in the markets in July to take some money off the table it would seem. The ratio of insider selling compared to insider buying moved to its highest level in 2022. A director just picked up nearly $1.5 million of new shares, a purchase that followed a dismal second-quarter earnings report that sent the stock down about 20%.