5 Underperforming Stocks Insiders are Buying

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1. Walgreens Boots Alliance Inc (NASDAQ:WBA)

Number of Hedge Fund Investors: 31

Walgreens Boots Alliance Inc (NASDAQ:WBA) is one of the underperforming stocks this year with insider purchases. The stock is down about 30% so far this year.

On April 2, 2024, Manmohan Mahajan, who is Walgreens Boots Alliance Inc’s (NASDAQ:WBA) CFO and EVP, snapped up 6,000 shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) at $19.38 per share.

As of the end of the last quarter of 2023, 31 hedge funds tracked by Insider Monkey had stakes in Walgreens Boots Alliance Inc (NASDAQ:WBA).

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