Insiders Retreat and Turn into Sellers Week Ending March 27th
The Washington Service reports insider buying ratio at the highest level they’v recorded since the Great Recession in the fall of 2008 and the retest in 2009.. They look at a 30 day moving average ratio of insider buys to sells. All previous markets have sharply rebounded when this occurred. Is this time different? We track insider purchases over $200K very carefully and accurately. Last Friday there were only six buys over $200k and 145 sells. It seems even insider buying is now rolling over. That is likely because as we near the end of the quarter, most insiders are … Read more