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Stock impact report

Favourable Signals For Montrose Environmental Group: Numerous Insiders Acquired Stock [Yahoo! Finance]

Montrose Environmental Group, Inc. (MEG) 
Company Research Source: Yahoo! Finance
NYSE:MEG ), it sends a favourable message to the company's shareholders. Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Over the last year, we can see that the biggest insider purchase was by Independent Director J. Miguel de Castro for US$181k worth of shares, at about US$18.07 per share. We do like to see buying, but this purchase was made at well below the current price of US$26.04. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices. Montrose Environmental Group insiders may have bought shares in the last year, but they didn't sell any. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph be Show less Read more
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