INSIDERS CONTINUE TO INCREASE THEIR BUYING
Courtesy of The Pragmatic Capitalist
For the third consecutive week insiders have been buyers of the dip. The 4 week moving average in insider buying jumped to its highest level since March of 2009 as insiders bought $38.4MM in stock. This brings the 4 week trailing average to $20.1. This was still well below the highs seen at the depths of the credit crisis and substantially lower than overall selling which totaled $1.1B. Nonetheless, insiders are clearly a bit more comfortable buying their own shares (albeit in meager amounts).
Source: FinViz
