Insiders may sell their shares for a variety of reasons. Usually, because they need the cash.
But execs who know “what’s up” with their company better than anyone only buy with one purpose in mind.
They believe their stock price is going higher. Or, if it’s a dividend stock, at least it is not going down anytime soon!
We’re going to highlight dividends up to 15.8% (yes, that’s no typo) with recent insider buying. This is especially notable these days because:
- Vanilla investors are worried this is 2008, Part Deux.
- Inflation is still running hot.
- And stocks have been going down for 15 months and counting.