Did Hedge Funds Anticipate Solera Holdings Inc (SLH)’s Big Day?

Another useful metric in judging a company’s future prospects is insider trading and that is why Insider Monkey keeps a close eye on these transactions as well. While there haven’t been any insider purchases for Solera Holdings Inc (NYSE:SLH) so far this year, prominent insider sales include that by CEO Aquila, who sold some 26,000 shares this year and Director Arthur Kingsbury, who sold 5,000 shares in February. However, it is important to bear in mind that insider sales do not create as strong a signal as insider purchases, since they can occur due to a much wider variety of reasons than just a bearish outlook.

Disclosure: None