Have Insiders Been Buying Elmira Savings Bank (NASDAQ:ESBK) Shares? [Yahoo! Finance News]
Elmira Savings Bank NY (The) (ESBK)
US:NASDAQ Investor Relations:
elmirasavingsbank.com/investors/investorinformation.aspx
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Source: Yahoo! Finance News
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. So shareholders might well want to know whether insiders have been buying or selling shares in Elmira Savings Bank NASDAQ:ESBK What Is Insider Selling? It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. However, rules govern insider transactions, and certain disclosures are required. We would never suggest that investors should base their decisions solely on what the directors of a company have been doing. But it is perfectly logical to keep tabs on what insiders are doing. As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise. View our latest analysis for Elmira Savings Bank The Last 12 Months Of Insider Tran
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