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]
Notable selling:
Source: FinViz