Insider buying can be an encouraging signal for potential investors, especially when markets are uncertain or near all-time highs.
Some return buyers were .
The point is that senior employees of public companies are required to make their transactions public. It seems to me that this is an important market indicator – if the CEO of a large company sells most of his stock or buys more, this indirectly determines the company’s performance and the mood of employees. Of course, insider trading based on non-public information is illegal. However, when the company’s employees buy or sell its shares in large quantities, it is completely legal and an important indicator of its affairs.
I’ve been collecting information from Nasdaq and other official sources. Then I aggregated it by months and got two lists as a result – the first is the top 5 companies by insider buying activity and the second is Top 5 by Insider selling activity.
Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
A couple of chief executive officers .
Insider buying can be an encouraging signal for potential investors, especially when markets face uncertainty or are near all-time highs.
A couple of chief .
5 Best Dividend Stocks to Buy According to Billionaire Paul Tudor Jones
Dividend Yield: 9.56%
No. of hedge Fund Holders: 15
PennyMac Mortgage Investment Trust (NYSE: PMT) a specialty finance company invests in residential mortgage loans and mortgage-related assets. PNMAC Capital Management, owned by PennyMac Financial Services, Inc. (NYSE: PFSI), manages PMT.
Earlier in March the company declared a cash dividend of $0.47. In February, David A. Spector, CEO of the company, assumed the role of Chairman and will and continue serving as CEO. For Q3 2020 the net income was $99.3 million and EPS was $0.94.
PennyMac Mortgage Investment Trust (NYSE: PMT) stock has yielded a return of 96.81% over the last 12 months.