The latest data on insider buying and selling continues to show an alarming trend in insider sales and very low buying. Selling for the latest week climbed 10.8% to $933.45MM from $842MM. More alarming, however, is the continuing very low levels of buying. Buying for the latest week fell to $17.35MM from $37.7MM. Despite the 60% rally in stocks and the green shoots of supposed recovery, insiders continue to exhibit very little faith in the future price of their own stocks via the use of the personal dollars.
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.