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Pragmatic Capitalism

Practical Views on Money & Finance

INSIDER SELLING REMAINS ABNORMALLY HIGH, BUYING STILL NON-EXISTENT

The trend in high levels of insider selling and low levels of insider buying remain unchanged this week as executives continue to sell into the rally.  Of course, they’re not the only smart money that is now selling into the rally.  Institutions recently turned neutral on markets after have been bullish on equities for the last 6 months.

For the latest week insiders sold $841.9MM worth of stock while buying just $37.7MM.   Notable sales include sales from Goldman Sachs executives:

IT1

Insider buying remains heavily skewed by buying in Open TV (OPTV) where insiders purchased over $25MM or 67% of the total buying.  Outside of the buys, insider buying remains disturbingly low:

IT2

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Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.

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