Insider selling for the latest two week period totaled $254MM while insider buying totaled $163MM. The headline figure is misleading, however, as $150MM of the buying comes from one purchase by Enterprise Products billionaire Chairman, Dan Duncan. Minus the Duncan purchase, the selling to buying ratio remains at an extraordinarily high level of nearly 20:1. All in all, corporate insiders continue to exhibit very little confidence in their own shares via the use of their personal dollars.
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Sources: Finviz, insidercow.com
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.