Corporate Insiders Aren’t Betting on a Market Rebound

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Executives and directors haven't been scooping up their own stocks, even as market declines have lowered share prices. That is telling.

bucked the trend, leading all insider buyers with $921 million in purchases over the course of the year. Mr. Moskovitz said on a September earnings call that he was investing in Asana because he believes “the market opportunity is enormous” for the firm’s work productivity software.

Among the few sectors seeing increased insider buying activity are the small-cap healthcare, industrials and consumer-staples groups, according to InsiderSentiment.com’s analysis. Those segments are traditionally considered defensive sectors that can hold up in a recession. Many insider sales are made on predetermined schedules to avoid the appearance of impropriety, and insider selling typically dwarfs buying because many executives are compensated with equity in their companies. Still, the comparative lack of buying right now stands out, strategists say, especially as traditional valuation measures show U.S. stocks getting cheaper.

Insider selling over those three months totaled $17.1 billion, compared with purchases of $1.3 billion. Analysts tend to look more closely at the number of buyers and sellers than dollar amounts to deduce sentiment trends, because a few large sellers can have an outsize impact. The forces keeping insiders from buying now are likely similar to what is keeping any other investors out of the market, said Mark Hamilton, chief investment officer at Hirtle, Callaghan & Co.

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ten bucks

'A la luz de los acontecimiento, Munk tiene un arsenal de recursos económico para seguir prevaleciendo en el mercado y la historia'😁

Tesla CFO Zachary Kirkhorn exercised options just recently to purchase 13.5K shares worth of Tesla stock.

All the short sellers are going to have to buy back the stock soon, so the floor is coming.

With democrat control and a feckless republican party nothing but disaster ahead for America.

Not true. Zach Kirkhorn of Tesla been buying. 👇🏾

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