Insider buying and selling trends remained very poor for the week ending March 19th. Total selling spiked to $1.3B from $858MM last week. Buying picked up a bit to total $59.8MM, but remains very lopsided when compared to selling. All in all, the buying remains low historically.
As the largely stimulus based recovery has picked up momentum insiders have remained very skeptical as the sustainability of the improvements remain very questionable. All in all, the dramatic selling remains a poor signal of the long-term outlook taken by corporate insiders.
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