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
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: