Insider Trading Signals Opportunities: Top Stocks to Watch
Insider trading involves the buying or selling of a company’s stock by individuals who have access to confidential information about the company. When insiders—like executives, board members, or major shareholders—purchase shares, it typically indicates their confidence in the company’s future performance.
Explore Unique Stock Insights This Black Friday
To identify strong investment opportunities, consider using TipRanks’ Insiders’ Hot Stocks tool. This resource provides a real-time list of stocks with either a Very Positive or Positive insider confidence signal.
Below are today’s top stock picks based on recent insider buying. Click on any ticker for a deeper analysis before deciding if these stocks belong in your portfolio.
Neurogene (NGNE): This biotechnology firm focuses on developing gene therapies for rare neurological diseases. Over the last three months, insiders have purchased NGNE shares totaling $2.7 million, generating a Very Positive insider confidence signal.
All seven Wall Street analysts monitoring NGNE rate it a Buy, with a consensus 12-month price target suggesting an increase of over 119%.
Zeta Global Holdings (ZETA): As a marketing technology company, Zeta utilizes AI and data analytics to improve customer engagement and drive growth. The stock has seen six notable insider buy transactions amounting to $2.6 million in the past three months, marking a Very Positive insider signal.
Furthermore, 11 out of 14 analysts recommend buying the stock, and their average 12-month price target suggests an upside of around 79%.
Meta Platforms (META): Known for its social media dominance through platforms like Facebook, Instagram, and WhatsApp, Meta has also recently exhibited strong insider activity. In the last three months, insiders have conducted eight significant buy transactions worth $22.6 million, resulting in a Very Positive insider signal.
A remarkable 40 out of 44 analysts covering META rate it a Buy, with their 12-month price target indicating an upside of more than 15%.
Meet the Top Corporate Insiders
TipRanks lists the Top Corporate Insiders based on their transaction success rates and average returns. These top insiders have each achieved a five-star ranking due to the accuracy and profitability of their predictions over time.
In addition, TipRanks provides daily updates on insider transactions, allowing investors to monitor notable insider activities that reflect the views of key insiders regarding the company’s future prospects.
Disclosure
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
