Insider Selling Stats
Published At: Apr 19, 2024 by
Gareth Soloway
Insider selling has been as heavy as it was in 2021 before the major market top. This should send warning signals as insiders like Jeff Bezos, Mark Zuckerberg and others have incredible amounts of data on consumers.
In 2021, the markets topped and the S&P corrected over 27%. Remember, insiders are not dumb. If they thought their stock was undervalued they would not be dumping hundreds-of-millions worth and even billions in some cases.
Based on the chart above, notice how insider selling has wanted in the last few weeks. That is simply because there is a 'quiet period' ahead of earnings where insiders are not allowed to sell. Keep watch at the buying/selling after earnings are over.