Insider Trading Trends November 8 – December 9


Insider buying at the market level, while still in the red by the historical measures, has somewhat picked up. Over the last four weeks Form4Oracle Market Buy Ratio has added another percentage point to reach 34%. The number of net buyers (companies where insider buying exceeds selling) has seen a sizeable shift from 544 to 726, however, so did the number of net sellers, going up to 1295 from 1031. Basically, insiders are once again starting to make up their mind and “experess” the opinion with straight buying and selling.

Here is the Form4Oracle Sentiment Rating breakdown for the 30 industry groups that we cover:

  • Strong Buy: 1
  • Buy: 0
  • Accumulate: 0
  • Hold: 8
  • Reduce: 3
  • Sell: 13
  • Strong Sell: 4

Banking – Insider Sentiment Rating: Strong Buy

Form4Oracle Industry Group Buy Ratio for Banking has moved up from Buy to Strong Buy reaching a new high of 81% over the last four weeks, with 237 companies that were net buyers and 57 net sellers. Buying has been especially strong in Regional – Northeast Banks (Strong Buy), Regional – Pacific Banks (Buy) and Regional – Mid-Atlantic Banks (Buy). Key buyers:

Divercified Services – Insider Sentiment Rating: Strong Sell

Form4Oracle Industry Group Buy Ratio for Financial Services over the past four weeks has sharply dropped to from 43% of the previous four weeks to 35%, with 111 companies that were net buyers and 203 net sellers. The Form4Oracle Sentiment Rating was Strong Sell for Rental & Leasing Services and Sell for Business, Management, Staffing & Outsourcing, Research and Security & Protection Services. Key sellers:

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