首页 News 正文
After a lull, the ratio of insider buying to selling of their own shares increased in September.
Last month, insiders' buy-to-sell ratio rose to its highest level since May. In September, 659 executives and directors at 447 companies bought shares in their own companies, according to Washington Service, an insider-trading data analytics firm. By comparison, 1,367 insiders at 783 companies sold shares in their own companies.
Insiders typically sell more than they buy in a given month, in part because executives' compensation often includes stock, so they are likely to cash out when they need money.
CDT Capital Management's internal sentiment ratio jumped above the 75th percentile in September. The ratio measures insider trading activity, taking into account factors such as seasonality.
The increase in insider buying came as US stocks fell last month, with the S&P 500 Posting its biggest monthly drop since December.
"Insiders are not chasing gains in the summer and buying dips in the fall," CDT said in a note.
Investors typically pay attention to trading behavior reported by people inside a company because executives and board members typically have better insight into the company's prospects.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
您需要登录后才可以回帖 登录 | 立即注册

本版积分规则

笑对人生153 新手上路
  • 粉丝

    0

  • 关注

    0

  • 主题

    3