Yahoo Finance Pacific Health Care Organization Inc Insiders are Buying. Should Investors Pay Attention?
GuruFocus data shows that Tom Kubota, CEO and President of Pacific Health Care Organization Inc (owner 10%), purchased 31,000 shares on 2021-12-25.
Insiders buying shares of stock in their companies can be a good sign. This could indicate that insiders have become optimistic about the company's future. It is worthwhile to pay attention to insider trades as they have a greater understanding of their company than most people. Let's now take a closer look at the insider purchase to determine if Pacific Health Care Organization Inc is worthy of investor attention.
Tom Kubota's trades
Tom Kubota purchased 101,000 shares over the last year.
It means Tom Kubota is buying stock in their company over the long-term. This may be good news for stock future.
Trends from the inside
Investors may be unsure if the buys of one insider are really that significant. Is the stock being bought by other insiders or is it being sold?
According to the insider transactions history of Pacific Health Care Organization Inc, there were 11 insider buys over the last year. In the meantime, there were 0 insider sales in that same period.
Insider purchases are more appealing than insider sales to us. This is a sign of a positive trend in the company's owners and top executives. Insiders buying more stock means that it's more likely the stock will be undervalued.
This article first appeared on GuruFocus.
