Recent Insider Buys: 13 Industrial Goods Stocks

Academic research has shown that corporate insiders have an edge over ordinary investors, especially when it comes to purchasing stocks. Even small insider purchases are marginally profitable. On the other hand, insider sales have not outperformed the market historically. The reason is simple: insider sales are often motivated by diversification or liquidity needs, but insider purchases are not. Insiders usually have a lot of exposure to their company's performance. It does not make sense for them to increase their exposure, unless they know that their purchases have a high probability of being profitable.

Below, we have compiled a list of industrial goods stocks insiders are bullish about. All the companies have at least $2 billion market cap and were purchased by at least one insider during the past three months. The market data is sourced from Finviz.