Global Internet of People Inc (SDH) shares closed today 11.9% lower than it did at the end of yesterday. The stock is currently down 47.4% year-to-date, down 47.4% over the past 12 months, and down 4
, , , . | Sector: Administrative and Support and Waste Management and Remediation Services | Exchange: NASDAQ CAPITAL MARKET | Web: www.sdh365.com
Insider activity refers to company insiders, usually top order executives and directors, buying and selling shares of the company.
The legendary investment manager, Peter Lynch once said, "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.”
When insiders (Directors, CEO, CTO and other top-level executives) of a company are buying shares, it provides more confidence for Outsiders (Traders) to speculate that the company’s stock price might increase, which leads them to take more buy positions, driving the share value higher.