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BlueTrader performs real-time analysis of insider trading. We screen and contextualize all insider behaviour through our qualitative and quantitative ranking engines to detect stocks with the highest potential. Our Bullish Insider Alert picks have consistently beaten the markets since 2003.
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  • Insider trading activity still signals high risk of market correction 0 comments
    May 23, 2011 7:25 AM | about stocks: NYNY, FURX, STEC, TDG, CHBT, KRA, VMW, AKAM, RNN, SIRO, ACOM, CNK, LYB, DHX, VRX, AYR, ASCA, SHOR, PSMT

    In the week ended May 20, we recorded open-market insider trading activity at 627 companies having a total value of $4.8 billion. This is 67.2% higher than last week, and 293% higher when compared to activity a year ago. Purchases accounted for 16.7% of all open-market trades last week. Our insider sell-to-buy ratio, which excludes derivative conversions and certain other types of transactions, ended the week at 4.98, down from a previous reading of 7.79. The 4-week moving average remained elevated and firmly in bearish territory, which reinforces our view that the downside risk in the market is high. Generally, a sell-to-buy ratio below 4 is considered bullish, while readings above 7 are bearish.

    For the 6th consecutive week, activity was the most concentrated in the Technology sector, where 271 insiders filed trades having an aggregate market value of $1 billion. Rounding out the top three sectors were Financials (256 trades for $137.6 million) and Industrials (182 trades for $567.9 million).

    The largest open-market transaction of the week was in SIRO stock, where 3 insiders sold 29,242,440 shares for a total of $1.5 billion. The biggest buy last week was for 19,826,400 shares of NYNY, worth $17.5 million.

    Largest insider buys last week



    Largest insider sales last week

    Themes: Insider trading Stocks: NYNY, FURX, STEC, TDG, CHBT, KRA, VMW, AKAM, RNN, SIRO, ACOM, CNK, LYB, DHX, VRX, AYR, ASCA, SHOR, PSMT
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