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Though it was a very brief sell-off last week there were signs of a few optimistic insiders who made purchases of their own shares. Insider buying for the latest week recorded its highest 4 week moving average since May of 2009. Total buying for the latest week came in at $28.7MM. Selling, on the other hand, remained extremely high with insiders selling $1.1B in stock. Selling was down marginally from last week while buying was higher.

click to enlarge images

IT31 SOME OPPORTUNISTIC INSIDERS SWEEP IN AMIDST SELL OFF

Although this minor blip is far from a raging bull sign, it is the first remote sign of optimism from insiders since stocks tanked during the financial crisis in late 2008 when insider buying jumped to its 2 year high.

Notable buying:

it21 SOME OPPORTUNISTIC INSIDERS SWEEP IN AMIDST SELL OFF

Notable selling:

it11 SOME OPPORTUNISTIC INSIDERS SWEEP IN AMIDST SELL OFF

Source: FinViz

Source: Some Opportunistic Insiders Sweep in Amidst Sell-Off