Insider Buy Alert - PSG Group

Sean at Sean's Investment Review spotted an interesting insider transaction at South African financial services firm, PSG Group. On October 12, the company's CEO and a director bought almost $5 million worth of shares at R22 per share. This is after the shares more than doubled in the past 12 months. This would appear to be a very bullish indicator.

The shares currently trade just a tad above R22.