Two FTSE 100 shares that have seen insider buying in the stock market crash
Insider buying – where corporate executives and directors are buying shares in their own companies – is definitely something that is worth keeping a close eye on when researching stocks.An insider may sell company stock for a variety of reasons (paying tax liabilities, diversifying their portfolio, buying property, etc). However, if they’re buying, there’s only one reason – they expect the stock to rise.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…In the current environment, where economic uncertainty is so high, I’d argue insider buying carries even more weight. If an insider is buying company stock now, it sends a clear signal they think their business is resilient enough to weather the economic downturn we’re facing.They also believe the share price is likely to rebound. That’s extremely useful information to know, given that some companies may not survive the next 12 months.With that in mind, here’s a look at two FTSE 100 firms that have seen significant levels of insider buying over the last month.Insider buying at Reckitt BenckiserOne is FTSE 100 stock Reckitt Benckiser (LSE: RB). It manufactures products consumers tend to buy irrespective of economic conditions. It also manufactures products likely to be in high demand in the current environment, such as Dettol disinfectant and wipes, Lysol disinfectant spray, and Mucinex cough medication.Over the last month, a number of top-tier insiders have purchased shares including: Image source: Getty Images Edward Sheldon, CFA | Friday, 3rd April, 2020 | More on: MNG RKT “This Stock Could Be Like Buying Amazon in 1997” COO Health Aditya Sehgal (£560k) CFO Jeffrey Carr (£1.15m) Simply click below to discover how you can take advantage of this. COO Hygiene Harold Van Den Broek (£480k) CIO Jonathan Daniels (£168k) Enter Your Email Address This level of buying – which is the highest for a number of years – looks very interesting to me. I like the fact that senior management, who are likely to have the most information on the company’s sales and future prospects, have been loading up on stock. This suggests management is confident about the future, which is reassuring in the current environment.Just recently, I said RB is a good stock to own right now. This high level of insider buying reinforces my view. Insider buying at M&GAnother FTSE 100 company that’s seen insider buying in recent weeks is financial services group M&G (LSE: MNG), which recently demerged from Prudential. Since mid-March, the following insiders have loaded up on stock: I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Edward Sheldon owns shares in Reckitt Benckiser and Prudential. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Two FTSE 100 shares that have seen insider buying in the stock market crash CEO Laxman Narasimhan (£1m worth of stock) CEO John Foley ( £167k worth of stock) Our 6 ‘Best Buys Now’ Shares This is another stock that looks quite interesting to me, given the high level of buying.Over the last six weeks, M&G shares have fallen from near-250p to around 110p. That’s a huge drop of more than 55%. Yet less than a month ago, the company said: “We have made a good start to life as an independent business and we are strongly positioned for growth.”It also says its balance sheet was “resilient” and that its Solvency II ratio was 166% – firmly within its risk appetite.All things considered, I think the medium-to-long-term risk/reward proposition here is attractive. Given the high level of insider buying, I think there’s a good chance the stock will bounce back from the recent fall, in time. 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