Insiders Can't Stop Buying This Value Stock
Legendary investment manager Peter Lynch once said, "Insiders might sell their shares for any number of reasons, but they buy them for only one: They think the price will rise."
One relatively unknown financial services company with strong insider buying is B. Riley Financial (NASDAQ: RILY), and in the past year the company's co-founder and co-CEO, Bryant Riley, has spent millions of dollars buying shares.
Last year the financial services company faced difficult times, but it has bounced back with a vengeance. With its stellar earnings last year continuing into the first quarter this year, the company sports a cheap valuation with a price-to-earnings (P/E) ratio of 3.6 along with a history of strong growth.
Source Fool.com
