"As the year begins to wind down, investors are looking to position themselves for 2026. In recent days, insiders, including beneficial owners, at Crescent Biopharma Inc. ( NASDAQ: CBIO), MGM Resorts International ( NYSE: MGM), and Salesforce Inc. ( NYSE: CRM) have boosted their stakes in their companies in a big way. Though these were the most prominent insider purchases in that time, there were a number of other notable ones as well."
"A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will rise and they want to profit from it. Thus, insider buying can be an encouraging signal for potential investors. This is all the more so during times of uncertainty in the markets, and even when markets are near all-time highs."
"Media and internet giant IAC is investing in MGM Resorts for the significant growth potential of the online gaming and digital sports betting market. Its stake is up to more than 65.8 million shares. The stock is up more than 5% in the past week, and shares were last seen changing hands for more than the purchase price range above."
Insiders and beneficial owners at Crescent Biopharma Inc., MGM Resorts International, and Salesforce Inc. recently increased their equity stakes. IAC, a 10% owner of MGM, purchased almost 1.1 million shares at roughly $35.99–$36.81, raising its stake to over 65.8 million shares and spending nearly $39.9 million. MGM shares have risen more than 5% in the past week but remain underperforming year over year versus broader markets. Insider buying can serve as a positive signal of expected stock appreciation, especially during market uncertainty and near all-time highs, though some insiders remain restricted during earnings season.
Read at 24/7 Wall St.
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