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Thursday, March 28, 2024

INSIDERS CONTINUE TO SELL INTO THE RALLY

INSIDERS CONTINUE TO SELL INTO THE RALLY

Courtesy of The Pragmatic Capitalist 

Insiders continue to display a remarkably low level of confidence in the stock market via the use of their own money.  The latest data on insider buying and selling shows the continuing negative trends.  For the week ending April 2nd, insiders sold $421MM while buying just $13.5MM.  Both buying and selling were down substantially from last week, but the discrepancy between the two remains equally large.

There were no notable buying trends this week:

[click on charts to enlarge and go to the Finviz website – Ilene]

it1 INSIDERS CONTINUE TO SELL INTO THE RALLY

Notable selling:

it2 INSIDERS CONTINUE TO SELL INTO THE RALLY

Source: FinViz

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