 Insider Purchases on May 8: Who Invested $12 Million in Their Own Business? I analyzed the latest OpenInsider data — and there are several very interesting moves. The largest buy of the day — CEO of 51Talk (COE) bought 446,700 shares for $12.2 million at $27.36. This is a Chinese EdTech company that survived the regulatory crackdown of 2021. When a CEO invests such money personally — it's not a "bonus package," it's their own funds. Collective signal for Pool Corp — three directors bought shares on the same day: one for $1.9 million, two for smaller amounts. When several insiders enter synchronously — it's worth attention. AI fintech doesn't give up: Upstart Holdings director bought $5 million at $29.37, SoFi CEO added $250k at $15.73. Both companies are in a downturn — insiders are voting with their wallets. What does this mean? Insiders are currently concentrating in three sectors: EdTech recovery (COE), AI lending (UPST, SOFI), and consumer retail (POOL). All three are stories about "bought on panic." The data is not a buy recommendation, but insider transactions historically show a better correlation with future returns than any analytical reports.