Insiders who bought Booking Holdings Inc. (NASDAQ:BKNG) stock lover the last 12 months are probably not as affected by last week’s 4.4% loss. Even after accounting for the recent loss, the US$1.9m worth of stock purchased by them is now worth US$2.5m or in other words, their investment continues to give good returns.
Although we don’t think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.