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Thursday, March 28, 2024

INSIDER SELLING CONTINUES TO SOAR, BUYING LOW

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INSIDER SELLING CONTINUES TO SOAR, BUYING LOW

Courtesy of The Pragmatic Capitalist

Insider selling for the latest two week period totaled $254MM while insider buying totaled $163MM.  The headline figure is misleading, however, as $150MM of the buying comes from one purchase by Enterprise Products billionaire Chairman, Dan Duncan.   Minus the Duncan purchase, the selling to buying ratio remains at an extraordinarily high level of nearly 20:1.  All in all, corporate insiders continue to exhibit very little confidence in their own shares via the use of their personal dollars.

dailyBuy INSIDER SELLING CONTINUES TO SOAR, BUYING LOW

 INSIDER SELLING CONTINUES TO SOAR, BUYING LOW

 Click for larger image 

Sources: Finviz, insidercow.com

 

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