If you are looking for clues telling you which stocks have a good chance of increasing in value, you might want consider watching what insiders are doing. After all, talk is cheap, but when insiders put their own money on the line, you should sit up and take note.
Lions Gate Entertainment Corp LGF topped the insider-buying charts for the week ending Jan. 14 as insiders snapped up 819,823 shares of company stock at a market value of $5,328,850. During the past six months, insiders have increased their overall holdings in the company by 35.40% and now own 2.94% of LGF stock.
J W Mays Inc MAYS was not far behind, with insiders buying 271,200 shares at a market value of $3,642,216. Insiders now own 79.50% of the company's stock after decreasing their overall holdings by 0.00% during the past six months.
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