LVMUY

LVMUY: insider purchases yield 15% within two weeks

After an update on the CEO's massive purchases, LVMUY stock jumped by 15% within two weeks, demonstrating the power of insider signaling.

By the SpyStocks desk Β· 1y ago Β· 1 min read

πŸ’‘πŸ’‘πŸ’‘ πŸŽ‰πŸŽ‰πŸŽ‰ $LVMUY πŸŽ‰πŸŽ‰πŸŽ‰

Do you remember our update on CEO Bernard Arnault's massive insider purchases in $LVMUY about two weeks ago?! πŸ’‘ (attached!)

The stock is soaring 10.5% today, and since the date we posted about it, about 15%! πŸ’¬

What do we understand? πŸ’΅

β€’ There can be many reasons why insiders sell a stock. 🧠

β€’ But there is one reason why they buy the stock. πŸ’‘

For the same reason you and I buy a stock - we believe in the company, see potential, expect to make money - and buy. πŸ’΅

β€’ Insiders put their personal money into the stock? βœ…

β€’ This is a positive signal that shows confidence from company officers! πŸ’΅

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