Stock purchases by corporate insiders are tracked by many fund managers as a potential signal of company quality.
For example, shares of Spectrum Brands are down about 17% over the past three months, but its top executive just stepped in.
Spectrum Brands is a conglomerate of different home and pet products, including George Foreman cooking grills and the Wild Harvest pet food line.
Here are the top five insider buys revealed in the final week of November, according to VerityData and securities filings.
Spectrum Brands: Maura bought 40,000 shares at an aggregate price of $2.67 million.
Persons:
David Maura, Maura, George Foreman, Kayne, John Frey, Ivan Kaufman, Paul Elenio, Walden Rhines, Dentsply Sirona, Gregory Lucier, Gregory Lucier's
Organizations:
Stock, Investors, Spectrum Brands, Brands, Kayne Anderson Energy Infrastructure Fund, Arbor Realty Trust
Locations:
Arbor