THE PRAGMATIC CAPITALIST » » MORE ON INSIDER SELLING

MORE ON INSIDER SELLING

5 May 2009 by TPC 7 Comments

I recently wrote about reports that insider selling was at record highs and buying was practically non-existent. The selling has become even more alarming in the last week and the buying has slowed to an absolute trickle. Below you’ll find the list of latest insider buys and sells. The sells are staggering with the amounts ranging from $3MM to $63MM (and I was only able to copy one page). The buys, on the other hand, are meager and range from $100K to $635K (the $800K purchase is a few months old and shouldn’t be in the data). You’ll also notice that the screen came up with just 18 total purchases vs 170 total sales (the lowest of sell screen data were sales of over $400K which is not shown here due to the large size of the results).

Click for larger image

Insiders are overwhelmingly bearish on this market and have become even more so in recent weeks. I can’t remember the last time the ratio of selling:buying was so lopsided….

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7 Comments »

Minginoihio said:

nice site. just stumbled on it from clusterstock. thanks for the info.

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# 5 May 2009 at 8:37 AM

FDO15 said:

great data TPC.

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# 5 May 2009 at 8:45 AM

franjkp said:

please add me to your E-mail list,tk's fap32567@aol.com

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# 6 May 2009 at 3:00 AM

gravel kucinich paul nader said:

More pump 'n' dump.
Many 401Ks are frozen with NO withdrawals allowed.

(remember the government's fake 911 sham)

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# 6 May 2009 at 5:14 AM

markov said:

take a look at shares sold vs total shares. then look at the trend over time. are they selling off bigger chunks or cashing out completely? also, which companies show what behavior, can some be more useful to look at than others?