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Posted

Park Ohio (PKOH) - insider bought $1mm worth of stock.

Weyerhauser (WY) - insider bought $1mm worth of stock.

 

Does anyone have any view on any of these?  

Posted

Sometimes those are a good clue, especially if other insiders are buying too.  Sometimes people are just optimists about their own company, so you can use it as a filter, but still have to go through your regular process of investigating a good investment. There are a lot of false positives by optimistic insiders if you use that datapoint. 

 

For instance, Nerdy (NRDY) had an insider buy $13mm of stock recently and Anterix (ATEX) had an insider buy $4mm of stock. No positive news was forthcoming and the stocks went down a lot or nowhere, respectively. 

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