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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
    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



    Aug 14 4:18 AM | Link | Comment!
  • Insider Trading Activity Suggests Equity Correction Not Over

    In the week ended August 5, we recorded 769 open-market insider trades at 415 companies having a total value of $1.4 billion. Transaction dollar volume was 54.8% higher than the previous week and 121% higher when compared to insider trading activity a year ago. Purchases accounted for 30.4% 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 2.17, down from a previous reading of 7.04. On average, a sell-to-buy ratio below 4 is considered bullish, while readings above 7 are bearish. However, the 4-week moving average, which tends to be more indicative underlying market trends, remains far from flashing a bullish signal.



    Since the end of April, we have warned of a correction in U.S. equities, and last week's sharp sell-off (particularly Thursday's 512-point bloodbath on the Dow) on heavy trading volume confirmed our fears. To make matters worse, Friday evening, S&P stripped the U.S. government of its AAA rating, citing weakening "effectiveness, stability, and predictability of American policymaking". Throw in weak earnings guidance for the rest of the year from major firms, slowing global growth, and heightened risks in the Spanish and Italian government debt markets, and it is hard to argue that things are looking good, as many analysts predict. The bottom line is that we view the correction as being far from over (absent a new round of money printing at the Fed). If insiders start buying en masse, we will view their purchases as signals that stocks are 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.

    For the 17th consecutive week, activity was the most concentrated in the Technology sector, where 200 insiders filed trades having an aggregate market value of $514.7 million. Rounding out the top three sectors were Financials (216 trades for $55.3 million) and Consumer Discretionary (117 trades for $134.7 million). There was a large spike in activity in the Utilities sector, where the number of trades filed was up 450% on the previous week.

    The largest open-market transaction of the week was in BAS stock, where Credit Suisse Ag, a large shareholder in the firm, sold 5,750,000 shares for a total of $186.9 million. The biggest buy last week was for 4,153,200 shares of XCO, worth $61.3 million.

    Largest insider buys of the week



    Largest insider sales of the week


    Aug 06 3:38 PM | Link | Comment!
  • Insider Trading Wrap-up: Week ended July 22, 2011

    In the week ended July 22, we recorded 500 open-market insider trades at 283 companies having a total value of $4.2 billion. Transaction dollar volume was 716.1% higher than the previous week and 732.3% higher when compared to insider trading activity a year ago. Purchases accounted for 12.4% 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 9.79, up from a previous reading of 4.17. We interpret this as a bearish signal for equity market performance in the near term, as on average, a sell-to-buy ratio below 4 is considered bullish, while readings above 7 are bearish. The 4-week moving average has also risen into bearish territory.

    While the Q2 earnings season thus far has been decent, big misses by Caterpillar and very cautious guidance from other firms underscore the notion that the global economy is going through (at least) a soft patch. In light of these developments, as well as continued uncertainty regarding the sovereign debt markets on both sides of the Atlantic, we continue to remain cautious on stocks in the near term.



    For the 15th consecutive week, activity was the most concentrated in the Technology sector, where 103 insiders filed trades having an aggregate market value of $87.3 million. Rounding out the top three sectors were Consumer Discretionary (63 trades for $3.2 billion) and Industrials (66 trades for $50.2 million).

    The largest open-market transaction of the week was in WMG stock, where 7 insiders sold 367,832,000 shares for a total of $3 billion. The biggest buy last week was for 272,293 shares of TXI, worth $10.8 million.

    Largest insider buys this week



    Largest insider sales this week

    Jul 23 4:15 PM | Link | Comment!
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