Insider Buying Drops to Lowest Levels in a Year

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 |  Includes: ATPAQ, BBBY, CMG, CPX, EW, GES, GILD, GOOG, HK, HOLX, IPU, NBL, NTY, NVDA, UTIW, UXG, YUM
by: Cullen Roche

As the recession on Main Street continues the negative trends in insider buying get even worse. Insider buying fell to a new low of $7.8MM on the week. Selling dropped from $318MM to $293.22MM, but remains at very high levels. I continue to believe this is a reflection of the ongoing secular bear market as corporate insiders see little to no real recovery in revenues and sustainable organic growth. Due to this, they have little to no faith in the long-term sustainability of future increases in their own corporation’s stock prices. This is best reflected in the incredibly lopsided insider transactions.

Notable selling:

it12 INSIDER BUYING DROPS TO LOWEST LEVELS IN A YEARClick to enlarge

Notable buying:

it22 INSIDER BUYING DROPS TO LOWEST LEVELS IN A YEARClick to enlarge