Insider buying can be an encouraging signal for potential investors.A red-hot cult stock saw a beneficial owner adding to its stake this week.Some insiders were making purchases in the wake of earnings reports.Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty.Insiders continued to add shares despite overall market volatility and global economic gloom. Here are some of the most noteworthy insider purchases reported in the past week.Peloton Interactive A 10% owner of Peloton Interactive Inc (NASDAQ: PTON) added 150,000 shares of this fitness products provider to its stake. At a per-share price of $33.40, that totaled almost $5.01 million. This same beneficial owner also purchased 50,000 shares back in April.Analysts are bullish on the stock, which ended last week's trading at $43 per share, so the above purchase seems well-timed. The share price is up more than 95% since Peloton's year-to-date low in March.Univar Solutions Univar Solutions Inc (NYSE: UNVR) saw its chief financial officer purchase 250,000 shares of this chemicals company last week at prices averaging $13.33 per share. That cost that executive more than $3.33 million and was pursuant to a Rule 10b5-1 stock trading plan established in February.Univar recently named a new board chair and it is scheduled to post earnings this week. The stock ended last week at $15.05, well above the CFO's purchase price. Shares are up more than 72% from their year-to-date low in March.GEO Group The GEO Group Inc (NYSE: GEO) CEO George Zoley returned to the buy window in the wake of an earnings beat. He bought 250,000 shares at prices ranging from $11.09 to $11.50. That totaled almost $2.84 million. Note that 100,000 of those shares were acquired via trust for the benefit of his children.Shares of this health care facilities-focused real estate investment trust closed most recently at $11.50. Also note that the stock traded above $18 a share before the pandemic panic-selling back in March.Illinois Tool Works Illinois Tool Works Inc. (NYSE: ITW) CEO Ernest Scott Santi and one other director shelled out $158.42 to $159.19 per share for more than 7,800 shares altogether of this industrial products maker. That cost them almost $1.25 million, and the transactions came in the wake of a mixed first-quarter report.The latest close at $161.01 per share is above their purchase prices. The stock is up about 28% since its year-to-date low in March, while the S&P 500 is about 25% higher in that time.See also: Elon Musk Says Tesla Battery Patent 'Way More Important Than It Sounds'In addition, note that there was some amount of insider buying at American International Group Inc (NYSE: AIG), Discover Financial Services (NYSE: DFS), TransDigm Group Incorporated (NYSE: TDG) and Wyndham Hotels & Resorts Inc (NYSE: WH) last week as well.At the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.See more from Benzinga * Bulls And Bears Of The Week: American Airlines, Peloton, Roku And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

In 2012, E. Santi was appointed CEO of Illinois Tool Works Inc. (NYSE:ITW). This report will, first, examine the CEO...

Those following along with Illinois Tool Works Inc. (NYSE:ITW) will no doubt be intrigued by the recent purchase of...

Illinois Tool Works (ITW) delivered earnings and revenue surprises of 3.51% and -3.19%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Illinois Tool (ITW) Q1 results are likely to reflect the adverse impacts of the pandemic, forex woes and divestitures despite diversified business, product offering and enterprise strategy.

Karen Fletcher, Vice President of Investor Relations, you may begin your conference. During today's call, we will discuss ITW's first quarter 2020 financial results as well as the impact of the global pandemic on our business and our strategy for managing through it.

Details the CEO buys this past week for the following companies: The GEO Group, AGNC Investment, Illinois Tool Works, Owl Rock Capital and OPKO Health Continue reading...

The company withdrew its guidance for the year Continue reading...

GAAP EPS of $1.77, a decrease of 2%Operating margin of 23.6%Free cash flow was 98% of net incomeStrong financial position and balance sheet with $1.4 billion of cash on hand,.

Shareholders might have noticed that Illinois Tool Works Inc. (NYSE:ITW) filed its first-quarter result this time last...

Illinois Tool's (ITW) first-quarter results reflect the adverse impacts of the pandemic on sales performance. Sales in the second quarter are also expected to reflect the pandemic-related woes.

The largest Insider Buys this week were for Mondelez International Inc., Southern Co., Illinois Tool Works Inc. and Kinder Morgan Inc. Continue reading...

The recent results from multi-industry manufacturer Illinois Tool Works (NYSE: ITW) served to highlight many of the difficult decisions investors are facing right now. The automotive market remains the single biggest earnings generator for the company. Investors are looking to avoid companies with heavy exposure to industries that are likely to suffer in the near term, or that might be structurally challenged in the long term due to the COVID-19 pandemic.

GLENVIEW, Ill., April 20, 2020 -- Illinois Tool Works Inc. (NYSE: ITW) will issue its first quarter 2020 results on Tuesday, May 5, 2020 at 7:00 a.m. CDT. Following the.

Illinois Tool Works (ITW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Illinois Tool Works (ITW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Q1 2020 Illinois Tool Works Inc Earnings Call

GLENVIEW, Ill., May 08, 2020 -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.07 per share for the.

Companies in the news are: LITE, ITW, INCY, PTLA

Illinois Tool Works (ITW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.