Insiders Buying Rocket Companies, Schnitzer Steel And This Energy Stock

Although US stocks closed mixed on Friday following the release of June’s jobs report, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. Rocket Companies The Trade: Rocket ... Full story available on Benzinga.com