Insiders buying up shares can be a bullish signal for a stock. These executives, directors, and major shareholders are privy to their company's inner workings and strategy, potentially giving them a unique edge when it comes to identifying prime buying opportunities in the stock.
So, when the chairman of a company buys shares worth more than $624,000, investors might want to sit up and take notice. That is exactly what just happened with the shares of GEO Group (GEO) recently. What drove the chairman of this private prison stock to make such a huge investment this election year? Let's try and find out.
