Hedge Funds Are Buying Iridium Communications Inc. (IRDM) – Vonage Holdings Corp. (VG), RigNet Inc (RNET)

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
IDT Corporation (NYSE:IDT) 11 0 3
Lumos Networks Corp (NASDAQ:LMOS) 8 1 0
Vonage Holdings Corp. (NYSE:VG) 14 0 7
RigNet Inc (NASDAQ:RNET) 1 0 5
Premiere Global Services, Inc. (NYSE:PGI) 9 0 2

With the results demonstrated by Insider Monkey’s tactics, retail investors should always watch hedge fund and insider trading activity, and Iridium Communications Inc. (NASDAQ:IRDM) shareholders fit into this picture quite nicely.

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