In the last year, multiple insiders have substantially increased their holdings of carsales.com Ltd (ASX:CAR) stock, indicating that insiders’ optimism about the company’s prospects has increased.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for carsales.com
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