Medley Capital: Don't Fall for Insider Buying

Medley Capital: Don't Fall for Insider Buying

If you screen the market for insider buys, Medley Capital Corporation (NYSE: MCC) will show up with regularity. In six out of seven full months of 2017, insiders have filed at least one SEC Form 4 to disclose insider purchases of the company's stock.

Investors may want to dig deeper. Insider buying at Medley Capital appears to be driven by a desire to keep control, rather than a bet on the business development company's future performance.

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Source: Fool.com