10 Best Stocks with the Most Insider Ownership to Buy Now

7. Thomson Reuters Corporation (NASDAQ:TRI)

Thomson Reuters Corporation (NASDAQ:TRI) ranks among the best stocks with the most insider ownership to buy now. On March 23, Wells Fargo lowered Thomson Reuters Corporation (NASDAQ:TRI) to Equal Weight from Overweight and cut its price target to $95 from $120, citing increased competition in the legal research industry. Wells Fargo claimed AI-driven startups like Midpage are aiming to mimic Thomson Reuters’ Westlaw library, which accounts for roughly 25% of the company’s total revenue.

Wells Fargo stated that while the startups are effective at extracting updated case law, Westlaw’s historical coverage and depth, which are regarded as the “gold standard” by many lawyers, remain difficult to reproduce. In that regard, the firm added that it sees no genuine risk to Westlaw.

The firm cautioned that news regarding new players in the legal research industry could dampen investor enthusiasm. Wells Fargo noted increased turnover risk among small law firms, which account for around 24% of legal revenue.

Thomson Reuters Corporation (NASDAQ:TRI) operates as a content and technology company across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. It operates through five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print.