Insider buying jumped to new 2010 highs in the week ending March 5th. Insider buying totaled $191.76MM while selling totaled $1.45B. Buying was substantially higher than last week’s reading of just $13.22MM. Selling was well off its high of $1.9B, but remains very high historically. Of course, its the buying that is most interesting because insiders sell for various reasons. They only buy, however, when they believe their stock price is going higher.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.