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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 buying reaches two-year high 0 comments
    Aug 14, 2011 4:18 AM | about stocks: BEAM, VMW, XCO, MLI, CTAS, CRI, T, FSLR, GOOG, TPC, PEET, PCLN, WES, MAR, MNK
    In the week ended August 12, we recorded 1133 open-market insider trades at 594 companies having a total value of $971.6 million. Transaction dollar volume was 29% lower than the previous week and 0.6% lower when compared to insider trading activity a year ago. Purchases accounted for 67.3% 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 0.44, down from a previous reading of 2.17. In addition, the number of open-market insider buy transactions was the highest since March 2009.



    As we noted last week, we view continued aggressive insider purchases as a signal that stocks are now reasonably valued. Still, like in 2008 going into 2009, insiders may be early in terms of calling a bottom, as valuations could overshoot to the downside given the high degree of macroeconomic uncertainty. Net-net, while equities are now fairly priced relative to historical averages, we believe that we have not seen a firm bottom in stock prices (absent a new round of money printing at the Fed).

    Insider trading activity was the most concentrated in the Financials sector, where 492 insiders filed trades having an aggregate market value of $228.2 million. Rounding out the top three sectors were Technology (196 trades for $264.5 million) and Industrials (195 trades for $82.6 million). There was a large spike in activity in the Utilities sector, where the number of trades filed was up 164% on the previous week.

    The largest open-market transaction of the week was in FO stock, where William A. Ackman, a large shareholder in the firm, purchased 3,648,510 shares for a total of $193.9 million. The biggest sale last week was for 689,016 shares of FSLR, worth $68.7 million.

    Largest insider buys of the week



    Largest insider sales of the week



    Themes: Insider trading Stocks: BEAM, VMW, XCO, MLI, CTAS, CRI, T, FSLR, GOOG, TPC, PEET, PCLN, WES, MAR, MNK
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