Executives Bought Shares At Forward Air And Fox, Should You Follow Their Lead?

It seems only logical that trades by a company’s executives would provide a clue to that company’s outlook.

But if you need academic studies to prove it, there are plenty. The seminal work was done 23 years ago by Nejat Seyhun, a professor of finance at the University of Michigan. His conclusion–that insiders beat the market averages when they trade—has been confirmed my numerous studies since then.