Negative trends in insider transactions were little changed on the week as insiders remain heavy sellers of their own shares while purchasing next to none. Total buying remained very low historically at just $4.65MM for the week ending April 23rd. Selling also declined from last week, but remains substantially higher than buying at $626MM.
The 4 week moving average fell slightly to $6.36MM – a near low since the economy troughed in 2008. Insiders have remained skeptics of their own corporations despite recent signs of recovery.
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