Sadot Group Inc (NASDAQ:SDOT) shares are trading higher by 16.6% to $3.52 during Wednesday's session. The CEO and CIO disclosed they purchased shares in the company through Form 4 filings.

Why This Matters: Insider buying often signals confidence in a company's future prospects, as executives typically only purchase stock when they believe the shares are undervalued or poised for growth.

The filings revealed that both the CEO and CIO acquired shares in the open market, which investors can sometimes interpret as a positive signal of strong internal belief in Sadot Group's ongoing business strategy.

Sadot Group, which specializes in global trade of agricultural products and services, has been working on expanding its reach in key emerging markets. This insider buying could reflect the leadership's optimism about the company's growth potential moving forward.

Read Also: What's Going On With Faraday Future Intelligent Electric Stock?

How To Buy SDOT Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Sadot Group's case, it is in the Consumer Staples sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, SDOT has a 52-week high of $6.94 and a 52-week low of $2.24.