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Sherwin-Williams Insiders Are Buying Shares


The media rarely hesitates to point out when executives sell stock in their companies -- especially when those sales seem exquisitely timed to benefit the seller. But there are a lot of reasons for an insider to sell shares.

By contrast, buying stock as an insider really only makes sense if you believe the shares are undervalued. That's why it is a much more reliable indicator of management's outlook for a company. And buying is exactly what insiders at Sherwin-Williams (NYSE: SHW) are doing. CEO John Morikis is a good example. With the stock down, he's adding to his position. Should retail investors do the same?

Image source: Getty Images.

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Source Fool.com

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