May. 26 at 12:06 AM
One of my favorite signals in the market is when stocks trade below where CEOs themselves were buying.
$SOFI CEO accumulated multiple purchases between 15.73 and 17.88 while the stock now trades near 15.57, sitting under those insider levels.
$NOW CEO buy around 105 with long term upside commentary, stock now near 101, still close to that conviction zone.
$NKE CEO and Tim Cook both accumulated near 42 after earlier higher levels, now trading around 42 again.
$HIMS buyback activity around a 39 average in Q4, while the stock trades near 23, a major gap versus management conviction.
Insiders sell for many reasons, but they usually buy for one, belief in future value. Not a guarantee, but definitely a signal worth tracking. Who else is watching insider flow right now?