Insider Sellers Might Regret Selling enCore Energy Shares at a Lower Price Than Current Market Value
enCore Energy Corp.’s (CVE:EU) stock price has dropped 13% in the previous week, but insiders who sold US$1.6m in stock over the past year have had less luck. Given that the average selling price of US$5.83 is still lower than the current share price, insiders would probably have been better off keeping their shares.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
