Travis Hoium

Is this a turnaroundable story?

If they do pull it off, it is a very cheap stock today.

So multiple expansion would be part of that story in the future.

When we come back, we're going to talk about some cheap stocks and some insider buys.

Do they mean something or not?

You're listening to Motley Fool Money.

Welcome back to Motley Fool Money with the Hidden Gems team.

Do insider buys matter?

This is one of these things that we often talk about as investors.

Insiders sell for all kinds of reasons, but they only buy for one reason, because they're bullish on a stock.

So at least that's the theory.

Matt, we have some insider buys recently, and this is one of the things I've been watching, is you have some low stock prices.

Are insiders going to buy?

Are they going to announce buybacks?

We saw Anthony Noto at SoFi, Bill McDermott at ServiceNow, Jared Isaacman at Shift4.

Those are some of the bigger names doing buybacks.

Is that a big deal, or is it noise for investors?

Yeah, just to take Noto as an example, over the last two years, his position in SoFi has increased by about 3 million shares.

And that's because of restricted stock units, grants, things like that.

So buying 56,000 shares is great.