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Insider Selling To Buying Ratio: 434x

Tyler Durden's picture


A modest pick up in insider buying this week as 16 insider purchases for $1.7 million worth of stock put recent non-existence insider purchasing to shame. The biggest buying was seen in GE and Caterpillar, which two cumulative purchases for $800k accounted for nearly half of the buying in the week ended February 4. On the other side, it is relentless selling as usual: 126 insider sales amounted to $749 million worth of holding dispositions, with the core of the selling as usual focused on the usual suspects: MSFT ($154 million), QCOM ($73 million), Google ($69 million), GameStop ($60 million) and FCX ($30 million). This is a major pick up in the rate of selling compared to January, and represents a double from the last tracked number of $373 million for the week of January 22.

Source: S&P 500 Insider transactions


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Mon, 02/07/2011 - 14:13 | 940948 beastie
beastie's picture

Time to start looking at the commodity companies to see what they are thinking. Not all doom and gloom from them.

Mon, 02/07/2011 - 14:47 | 941033 HarryWanqer
HarryWanqer's picture

Everybody here always looking at the negative.  It could be 'Undefined'.

Mon, 02/07/2011 - 15:34 | 941065 RemiG2010
RemiG2010's picture

When you are on Prozac, everything is looking much better even if the reality is the opposite! Am I right HW?

Tue, 02/08/2011 - 16:50 | 944029 4xaddict
4xaddict's picture

What it doesn't say is that they are all selling to the Bernanke and while he has a money machine there's no reason not to join the party.

Mon, 02/07/2011 - 14:19 | 940958 Hondo
Hondo's picture

Yes the Federal government is making billions out of corporate management for doing absolutely nothing.......again more theft instituted by the Government and its proxies..........think it through.

Mon, 02/07/2011 - 14:24 | 940969 jus_lite_reading
jus_lite_reading's picture

The planned bullshit "buying" was coordinated to coincide with the huge insider sales of $713 MILLION in one week. This shit better stop now.

Mon, 02/07/2011 - 14:25 | 940972 The Axe
The Axe's picture

constant theme for over 2 years!  

Mon, 02/07/2011 - 14:25 | 940973 cougar_w
cougar_w's picture

I bought 10 shares of my company. So see I'm doing my part for the recovery.

Mon, 02/07/2011 - 14:26 | 940978 snowball777
snowball777's picture

So someone at GE knows the Son of HIA is coming and wants to front-run some buybacks?

Mon, 02/07/2011 - 14:27 | 940982 Yancey Ward
Yancey Ward's picture

Yay!! A signal to plunge all in on the market!!!  Insider buying has returned!

Mon, 02/07/2011 - 14:34 | 940996 sbenard
sbenard's picture

I just finished watcing Owe-bama's latest teleprompter tripe! It just reeked of entitlement as he lectured business leaders about what they "owe" to their employees.

My best friend has a small business. A few times, one of his employees has complained that he's not making enough money, despite that the guy never even graduated from High School. How many people do you know that make $21.50/hr without even a high school diploma?

My friend works 14-hour days six days a week. When I go to his house to watch a basketball game or movie, my friend ALWAYS has a 6" stack of paperwork and a laptop the entire time. When he comes to MY house to watch, he brings the same amount of paperwork with him. He makes a good living, but is hardly wealthy. He lives in a middle-class home in a lower-middle-class neighborhood. He's the most generous person with his means that I know!

And THAT'S the kind of person that the Deceiver in Chief wants to lecture that he "owes" America more jobs, regardless of the environment that Owebama has created for his business.

Excuse me, Mr. President, but these people owe their FAMILIES a living, not the entire welfare state that votes for you!

Mon, 02/07/2011 - 15:05 | 941069 snowball777
snowball777's picture

No offense, but your buddy is not a "business leader" and I sincerely don't think that commentary was meant for him as much as say...the heads of Myspace, Raytheon, BP, IBM, Moto, and Lowe's...who all have had or will be having layoffs this year.

Has your buddy offered his employee some overtime work or, conversely, a shorter work schedule to accomodate him finding another gig in addition to his first job?

If all you want to do is be angry about something, carry on, but you really sound like someone who will only ever find fault, regardless of what is said, and are therefore much more likely to be dismissed as 'noise'.

There are plenty of valid reasons to find fault with Obama without engineering new ones.

Mon, 02/07/2011 - 16:50 | 941354 Lord Koos
Lord Koos's picture

Education is not the only barometer of employee value, nor should it be..

Mon, 02/07/2011 - 17:03 | 941397 snowball777
snowball777's picture


Some of the best programmers I know decided to skip school because they were autodidactic to the point of working in industry before they would have graduated.

Mon, 02/07/2011 - 18:04 | 941572 Windemup
Windemup's picture

I have heard Obama is a pretty good trypist.

Mon, 02/07/2011 - 15:00 | 941055 pat53
pat53's picture

Insiders have been MAJOR fools for months, lost tons of gains. benny and the boys got your back for at least another few months  LOL

Mon, 02/07/2011 - 15:08 | 941073 snowball777
snowball777's picture

I'd look at their bonus checks before I made that call, but if you think there's still meat left on the bone to be sacrificed from here on out, then by all means...go all in!

Mon, 02/07/2011 - 17:51 | 941546 jus_lite_reading
jus_lite_reading's picture

With all due respect, your comment leads me to believe you are one dumb fuck or plant.


Insiders sell because they know the true value of their company. When it reaches a certain level, they bailout.

Mon, 02/07/2011 - 18:00 | 941559 BeerGoggles
BeerGoggles's picture

Whi gives a fuck anymore. I've stopped trading the ES. FX is better and actually bothers to retrace because humans need to take profit at some point.

Mon, 02/07/2011 - 19:04 | 941725 Highrev
Highrev's picture

The buyers were put up to it by the Fed.

Mon, 02/07/2011 - 21:38 | 942034 snowball777
snowball777's picture

Because they're what...shy about purchasing securities?!

Mon, 02/07/2011 - 22:33 | 942101 BobbyTinGA
BobbyTinGA's picture

Aren't there new regulations on top executives' cash compensation, so many of them are compensated more with equity now?  Of course these execs will cash out of these stocks as soon as practicable, especially during the recent run up in stock values - sell high baby!


I don't see this as a sign that insiders fret of an imminent collapse; they're just diversifying away from their largest equity holdings.  Probably buying some silver and the DBA.

Mon, 02/07/2011 - 23:18 | 942163 Hephasteus
Hephasteus's picture

You know what I see it as. Insiders have to sell stocks to do the low volume melt ups. They have to buy back now and then to keep it going. The fed just fleeces the 401k's by sticking them on the losing end of the fed insider hft gang bang.

Just a theory didn't look at details.

Tue, 02/08/2011 - 00:33 | 942242 snowball777
snowball777's picture

Weren't those regs only for bailout recipients, most of whom have paid their loans back (at least in a fiscal sense...they've yet to be drawn and quartered as they should) and are now free to resume the 40:1 ratio of CEO to average worker compensation (100:1 CEO to lowest peon) that we've seen spring up in the US since the 80s?


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