Insider Buying Alert: CEOs Are Buying These 5 Stocks

2. Msci Inc (NYSE:MSCI)

Number of Hedge Fund Investors: 42

Data analytics and financial solutions company Msci Inc (NYSE:MSCI) is one of the stocks that saw heavy insider buying activity from CEOs. On April 25, Msci Inc’s (NYSE:MSCI) CEO Henry A. Fernandez bought 13,000 shares of Msci Inc (NYSE:MSCI) at $465.92 per share. The total worth of this transaction was over $6 million. Since this transaction the stock price is up 2.16%.

Here is what Baron FinTech Fund has to say about MSCI Inc. (NYSE:MSCI) in its Q3 2023 investor letter:

“Solid stock selection in Information Services came from investment decision support tools provider MSCI Inc. (NYSE:MSCI). MSCI reported solid second quarter earnings and reiterated its full-year outlook due to stabilizing ESG trends along with continued robust performance in the Index and Analytics segments.”