MORE ON INSIDER SELLING

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).

buysClick for larger image

salesClick 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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Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering research, private advisory, institutional consulting and educational services.

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Comments

  1. More pump ‘n’ dump.
    Many 401Ks are frozen with NO withdrawals allowed.

    (remember the government’s fake 911 sham)

  2. 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?

  3. The plunge protection team has & will skew all indicators.

    How about false stress test results?