SOHU Insider Purchases
This news has already been widely reported. I first became aware of it by reading StockInsight:
I posted a while back that SOHU should gain more and more attention after the BIDU IPO if Sogou continues to gain market share:
Apparently CEO Charles Zhang and his affiliated company Photon Group LTD agrees as they recently purchased more shares on the open market. For those of you who would like to get access to insider purchase information as quickly as possible instead of waiting for news reports, I highly recommend tracking SEC filings for the companies you are interested in. All this information can be found online. Here are the recent Statements of Changes in Beneficial Ownership of SOHU:
Here are all the recent SEC filing for SOHU:
Each company has a Central Index Key (CIK) number with the SEC. Sohu's is 0001104188.
Insider purchases (particularly those separate from the exercising of an option grant) are one of the best signs that management feels good about the prospects of the company. Repurchasing shares (which SOHU has done) is another positive indicator that the share price may be undervalued.
Disclosure: I am long SOHU