Business
Here are 4 ASX shares that insiders have been buying recently
From time to time, I like to take a look at what ASX shares insiders have been buying and selling. Although it’s not a definitive indicator to buy or sell a share, it can help to make a more informed decision.
Insider buying can demonstrate a strong belief in the company. At a minimum, it shows those at the top have skin in the game.
Here are some shares that have seen insider buying over the last few months.
2 ASX technology shares
ELMO Software Ltd (ASX: ELO)
The human resources and payroll platform provider announced to the ASX a change in director’s interest on 17 February. Independent non-executive director, Leah Graeve, made an on-market purchase of 1,531 shares, amounting to $9,924.66.
This occurred the day after ELMO…
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