For years, investors have been basing their decisions, in part, on insider trading. Peter Lynch had a saying “Insiders might sell their shares for any number of reasons but they buy them for only one: they think the price will rise.” Indeed research has shown that when executives have purchased shares in their own companies, the stock has outperformed the market by an average of 8.9 percent for the following 12 months. On the flip side, when they sold shares, the stock underperformed the market average by 5.4 percent for the following year. Following are a couple of small-caps that have experienced recent insider trading.