MAR 10·MarketBeatMed
Insiders Step in to Buy These 3 Tanking Stocks
Insiders are showing confidence in KKR, Figma (FIG), and Reddit (RDDT) by purchasing shares after significant price drops. KKR's insiders bought $40 million worth of shares despite AI disruption fears, while Figma saw $36 million in insider buying from Reed Andrew Phillips after its post-IPO crash. Reddit, which has fallen almost 50% from its highs, also experienced a $7.6 million insider purchase by director Sarah Farrell, alongside strong revenue growth and a new buyback authorization.