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Reliance Worldwide Corporation Limited (ASX:RWC) insiders who bought shares over the past year were rewarded handsomely last week. The stock rose 4.8%, resulting in a AU$141m rise in the company's market capitalisation. Put another way, the original US$618k acquisition is now worth US$763k.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis f...
>>> Read more: As Reliance Worldwide Corporation Limited (ASX:RWC) gains 4.8%, insiders who bought last year may be wishing they had bet higher
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis f...
>>> Read more: As Reliance Worldwide Corporation Limited (ASX:RWC) gains 4.8%, insiders who bought last year may be wishing they had bet higher
