December 18, 2014 4:48 PM | 29 seconds read |
In his book Investment Intelligence from Insider Trading Nejat Seyhun who just happens to be a leading researcher in the field of insider buying and selling illustrated that when top executives bought large amounts of their companys stock the stock outperformed the broad market by 89 over the next 12 months And given that the long-term average annual return for the stock market has been 95 over the past 70 years this means that stocks with heavy insider buying produce returns that are 937 higher than the market indices And then on the other hand when
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