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.
In the week ended June 24, we recorded 530 open-market insider trades at 310 companies having a total value of $963.4 million. Transaction dollar volume was 60.4% lower than the previous week and 30.4% higher when compared to insider trading activity a year ago. Purchases accounted for 20.4% 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 3.91, up from a previous reading of 3.15. On average, a sell-to-buy ratio below 4 is considered bullish, while readings above 7 are bearish. However, we continue to advocate caution in the short term. Upside will be limited as the global recovery loses steam and corporate profit margins peak, and there remain significant risks stemming from the Eurozone.
For the 11th consecutive week, activity was the most concentrated in the Technology sector, where 110 insiders filed trades having an aggregate market value of $83.2 million. Rounding out the top three sectors were Financials (110 trades for $36.2 million) and Health Care (81 trades for $56 million).
The largest open-market transaction of the week was in AZO stock, where 2 insiders sold 595,906 shares for a total of $174.2 million. The biggest buy last week was for 6,768,450 shares of VLCM, worth $165.8 million.
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Insider trading wrap-up - Week ended June 24, 2011 0 comments
For the 11th consecutive week, activity was the most concentrated in the Technology sector, where 110 insiders filed trades having an aggregate market value of $83.2 million. Rounding out the top three sectors were Financials (110 trades for $36.2 million) and Health Care (81 trades for $56 million).
The largest open-market transaction of the week was in AZO stock, where 2 insiders sold 595,906 shares for a total of $174.2 million. The biggest buy last week was for 6,768,450 shares of VLCM, worth $165.8 million.
Largest insider buys
Largest insider sales
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