Wednesday, November 25, 2020

Tag: Insider Selling Soars: Fastest Pace Of September Sales In Past Decade

Insider Selling Soars: Fastest Pace Of September Sales In Past Decade

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from ZeroHedge:

One month ago, we reported that insider selling reached $450 million daily in August, the highest level this year; on a monthly basis, insiders sold more than $10 billion of their stock, the most of any month this year and near the most on record.

“As corporate buying is at least taking a breather, corporate insiders are ramping up share selling as the major U.S. stock market averages are at or near record highs,” TrimTabs wrote in a note.