us stocks closed mixed on wednesday following the release of minutes from the recent federal reserve meeting investors meanwhile focused on some notable insider trades when insiders purchase shares it indicates their confidence in the companys prospects or that they view the stock as a bargain either way this signals an opportunity to go long on the stock insider purchases should not be taken as the only indicator for making an investment or trading decision at best it can lend conviction to a buying decision below is a look at a few recent notable insider purchases for more check out benzingas insider transactions platform benzinga trading school is now offering a 7 day trial click here to join the 1 trading educational platform   the trade cytek biosciences inc director rajeev shah acquired a total of 498629 shares at an average price of 1489 to acquire these shares it cost around 743 million   what’s happening morgan stanley recently maintained cytek biosciences with an equalweight and lowered the price target from 27 to 18   what cytek biosciences does cytek biosciences inc is a cell analysis solutions company advancing the next generation of cell analysis tools by leveraging novel technical approaches   the trade the boeing company director lawrence kellner acquired a total of 5000 shares at an average price of 20891 to acquire these shares it cost around 104 million   what boeing does boeing is a major aerospace and defense firm with headquarters in chicago the firm operates in four segments commercial airplanes defense space  security global services and boeing capital also check this 3 penny stocks insiders are buying   the trade jakks pacific inc 10 owner lawrence i rosen bought a total of 306728 shares at an average price of 1073 to acquire these shares it cost around 329 million   what’s happening jakks pacific and disguise announced new waves of apex legends figures and costumes for 2022   what jakks pacific does jakks pacific inc is a multibrand toy company that designs produces markets and distributes toys and related products consumables and related products electronics and related products kids indoor and outdoor furniture and other consumer products   the trade mgm resorts international 10 owner iacinteractivecorp bought a total of 4500000 shares at an average price of 4500 the insider spent around 2025 million to buy those shares   what mgm resorts does mgm resorts is the largest resort operator on the las vegas strip with 35000 guest rooms and suites representing about one fourth of all units in the market if you are not using this trading strategy you are leaving money on the table if you are blindly looking up and trading stocks the way 99 of traders are you are missing on huge potential returns even new traders who started following this option trading strategy instantly began seeing returns they wouldnt have had otherwise with even two trades per month with this strategy you will start seeing the difference in your trading account dont waste any more time guessing and getting lucky click here to see if you qualify for benzinga options for today only we are gifting away our benzinga options starter newsletter for only 7 this includes two heavily researched trades per month from lead trader nic chahine for the same cost of a cup of coffee less than the cost of a netflix subscription and less than the average order at mcdonalds you will receive toptier education and winning trade alerts to maximize your portfolio returns this also includes a 14day full moneyback guarantee if you cancel there is absolutely no risk click here now to get started