Market News

Multiple Insider Trades Spike Investors’ Interest in Information Services Group

Story Highlights

After witnessing multiple trades by corporate insiders, III stock has grown 2.5% so far this week.

This week, multiple insiders were seen buying and selling shares of Information Services Group (NASDAQ: III). This peaked investors’ interest and the stock climbed 2.5%.

According to an SEC filing, the Chairman and Chief Executive Officer of Information Services Group, Michael P. Connors, bought 241,329 shares and sold 167,416 shares of the company at $7.54 per on August 1.

On the same day, the Executive Vice-President and Chief Human Resources Officer of the company, Thomas S. Kucinski, sold 6,789 shares of the company at $7.54 per share.

Further, the Vice-Chairman & President of ISG Americas and APAC, Todd D. Lavieri, sold 11,505 shares of the company at $7.54 per share.

According to TipRanks, which also provides a comprehensive list of daily insider transactions, various corporate insiders have conducted uninformative Buy and Sell transactions of III stock in the last couple of months. A pictorial representation of these transactions is provided below:

As per TipRanks, corporate insiders have bought III shares worth $1.8 million in the last three months.

Interestingly, TipRanks also provides a list of hot stocks that boasts of either a Very Positive or Positive insider confidence signal.

How Reliable Is III Stock?

As far as the stock’s reliability is concerned, the Street is cautiously optimistic. On TipRanks, III stock carries a Moderate Buy rating based on just two Buys.

While financial bloggers are 100% Bullish on III stock, hedge fund seems to have a Neutral view of the stock.

Is III Worth Investors’ Attention?

As of now, corporate insiders are giving mixed signals about the company’s position whose stock price has fallen 0.7% so far this year. However, for investors, this could be the right time to gain exposure to the stock that has upside potential of over 43.8%.

Read full Disclosure

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More