It’s always important to know what company insiders are doing.

After all, who knows the company better than an insider – the CEO, CFO, COO, officers, employees, and directors?

If they’re buying a sizable number of shares, it’s often a good idea to start looking into why and perhaps follow them into the stock. That’s because they’re typically privy to information on new products, competition, and the operating environment of the firm. We have to consider that insiders who are buying their stock would not put up their own money unless they believed the move would be profitable. Of course, it’s not always wise to base your own buying decisions solely on the actions of insiders, but it doesn’t hurt to see what an insider may be up to.

Here are three small cap stocks with solid insider buying.

Telenav Inc. (TNAV)

TNAV provides connected car and location-based platform services in the United States and internationally. The company operates through three segments: Automotive, Advertising, and Mobile Navigation. It offers automotive navigation services, including on-board solutions, which consist of software, map, and points of interest data loaded in vehicles that provide voice-guided turn by turn navigation displayed on the vehicle screen; and brought-in navigation services.

Since April 5, 2019, Cannell Capital LLC has bought 13,699 shares between $6.70 and $6.93.

Majesco (MJCO)

Majesco provides cloud insurance software solutions for the business transformation of the insurance industry in the United States, Canada, Mexico, the United Kingdom, Malaysia, Singapore, Ireland, and India. It offers Cloud Insurer, a cloud-based insurance platform that provides distribution management, data, and analytics solutions.

Inseego Corporation (INSG)

Inseego Corp. engages in the design and development of mobile, Internet of Things (IoT), and cloud solutions for large enterprise verticals, service providers, and small and medium-sized businesses worldwide. The company provides wireless 3G, 4G, and 5G hardware products that address various markets, including fleet and commercial telematics, aftermarket telematics, smart city infrastructure management, remote monitoring and control, wireless surveillance systems, security and connected home and fixed wireless access, and mobile broadband devices.

In May 2019, Chairman and CEO, Dan Mondor bought 2,588 shares for $8,255. CFO Stephen M. Smith bought 2,745 shares for $8,756.