Insider Selling Continues To Increase After Earnings Quiet Period Ends
Published At: May 25, 2024 by
Gareth Soloway
During earnings season, insiders are not allowed to buy or sell stock. This applies to 30 days prior to an earnings report. In general, during this period investors see a huge decline in insider buying and selling during the months of April and mid-May.
However, once that period is over, the buying and selling resumes.
Currently, strong selling as resumed. Prior to earnings season the insider selling was as high as it was in 2021, before the stock market topped for the 2022 bear market.
The selling has resumed in earnest. This should be taken as a cautious sign for investors.