Insiders have been buying Nearmap (ASX:NEA) and this ASX share

Every so often, I like to take a look to see which shares have experienced meaningful insider buying. This is because insider buying is often regarded as a bullish indicator, as few people know a company and its intrinsic value better than its own directors.

A number of shares have reported meaningful insider recently. Here are a couple which have caught my eye:

According to a change of director’s interest notice, one of this aerial imagery technology and location data company’s directors has been taking advantage of recent weakness in its share price to top up his position.

The notice reveals that non-executive director and former chair,…