#insider-buying

#insider-buying

Undoubtedly, it's a historic, unprecedented implosion and one that may very well be exaggerated, given the market's tendency to overswing to the downside. For those seeking deeper value, I continue to find the name intriguing, even as various sell-side analysts continue to turn away from the name. Though it's going to take a lot to turn a corner, I do get why insiders and hedge funds are starting to get aggressive with buying the dip.

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.

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.

Berkshire Hathaway resumed acquiring shares of Sirius XM, increasing its stake to over 124.8 million shares, representing about 37% of the company.