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Friday, April 19, 2024

INSIDER SELLING REMAINS ABNORMALLY HIGH, BUYING STILL NON-EXISTENT

INSIDER SELLING REMAINS ABNORMALLY HIGH, BUYING STILL NON-EXISTENT

Courtesy of The Pragmatic Capitalist

The trend in high levels of insider selling and low levels of insider buying remain unchanged this week as executives continue to sell into the rally.  Of course, they’re not the only smart money that is now selling into the rally.  Institutions recently turned neutral on markets after have been bullish on equities for the last 6 months.

For the latest week insiders sold $841.9MM worth of stock while buying just $37.7MM.   Notable sales include sales from Goldman Sachs executives:

 INSIDER SELLING REMAINS ABNORMALLY HIGH, BUYING STILL NON EXISTENT

Insider buying remains heavily skewed by buying in Open TV (OPTV) where insiders purchased over $25MM or 67% of the total buying.  Outside of the buys, insider buying remains disturbingly low:

 INSIDER SELLING REMAINS ABNORMALLY HIGH, BUYING STILL NON EXISTENT

 

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