Insiders can sell for a whole host of reasons, including to make other investments, buy a house and pay for life’s expenses. Insider selling doesn’t have to mean the insider is necessarily bearish on the underlying stock. However, insider buying only occurs for one reason: they believe the stock price is going higher.

As Peter Lynch once said: “Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.”

With that, let’s look at some recent insider buying.

3D Systems (DDD)

Starting off our list is 3D Systems (US:DDD), as it has not only had insider buying but insider buying from its CEO Jeffrey Graves.

Graves also serves as a director and the company’s president, so it stood out when he bought 10,000 shares at $9.70 on Nov. 25 and 10,000 shares at $9.50 on Nov. 28th.

The second purchase pushed his total stake to 569,181 total shares.

Rocket Companies (RKT)

There’s been plenty of insider buying by the CEO at Rocket Companies (US:RKT). Via a 10b5-1 plan, Jay Farner has been gobbling up stock.

On Nov. 25, Farner bought 25,900 shares for $7.71 apiece. Then a flurry of action took place late in the month, as he purchased 26,400 shares on Nov. 28, 25,700 shares on Nov. 29 and 25,300 shares on Nov. 30th.

Farner scooped up 103,300 shares over a five-day stretch, with each purchase worth just over $199,000. It pushed his total stake to 5.65 million shares.

Karat Packaging (KRT)

Another CEO purchase took place this week with Karat Packaging (US:KRT). Alan Yu, who also serves as the company’s chairman, bought 4,000 shares at $13.47 on Nov. 28th.

The total purchase was good for more than $50,000, although it was modest compared to his total stake of 7.371 million shares.

Carvana (CVNA)

Carvana (US:CVNA) is exciting because the company is struggling right now. It’s even going through another round of layoffs, and shares recently made new 52-week lows.

Yet insiders are gobbling up the stock.

On Nov. 7, two directors bought a combined 150,000 shares between $7.40 and $8.61, while another director bought 8,000 shares at $10 apiece on Nov. 14th.

President Thomas Taira bought a combined 45,000 shares between two different dates last month, while Chief Product Officer Daniel Gill more than doubled his stake by purchasing 133,000 shares at $7.62 apiece on Nov. 21st.

Prologis (PLD) 

Prologis (US:PLD) showed up on some insider buying scans this week when director David O’Connor scooped up 9,000 shares at $114.13 apiece on Nov. 28th.

The purchase was good for just over $1 million.

Live Nation (LYV)

Another $1 million insider purchase took place, this time with Live Nation (US:LYV). That’s after Jimmy Iovine bought 13,740 shares at $73.28 apiece on Dec. 1st. Iovine, who is a director at the company, purchased those shares in a trust but directly owns 32,792 shares as well.

If that name sounds familiar, Iovine is co-founder of Interscope Records and Beats Electronics, which was eventually sold to Apple (US:AAPL) for $3 billion.

Cosmos Holdings (COSM)

Last but not least, we have Cosmos Holdings (US:COSM), which has been popping up in many scans over the past few weeks, given the stock’s immense volatility. From the November low to the November high, shares rallied almost 1,100% but have now pulled back more than 50% in just a couple of days.

As if that volatility weren’t enough, Grigorios Siokas, CEO, director and a stakeholder of more than 10% of the firm, bought more than 800,000 shares on Nov. 28 at an average price of 62 cents a share.

While the stock trades for less than $1, the purchase was good for almost $500,000 and brought his stake to more than 20 million shares.

This article originally appeared on Fintel

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