You're now on the archive server. Commenting has been disabled.

Insiders Sell $5.4 Billion, Buy $128 Million In Stock In Month Of February

Tyler Durden's picture




Following the insider dump of well over $1.3 billion in shares a fortnight ago, this week insiders sold "just" $503 million in shares of their companies, in 118 transactions. Alas, while the selling to buying ratio was a modest 61.4x at last check, the ongoing collapse in insider buying has once again reared its ugly head, and only $4 million worth of stock was purchased. The biggest insider purchases in the past week focused on CB Richard Ellis, Lorillard and Noble, with all at a million or less. On to selling, which is relentless: the top selling names were Sara Lee ($122 million), Franklin Resources ($51 million), and Intuit ($37) million. As for full month February, forget about it. Insiders sold a total of $5.4 billion and bought $128 million, a 41.6x ratio. In layman's terms: they can't wait to dump all they can, leading with Sensata insiders who sold $1.2 billion, followed by Microsoft selling $575 million and Molycorp $363 million.

Full weekly report, per Bloomberg:

And the full monthly report (just top 40 positions on either side):




Similar Articles You Might Enjoy:

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 03/01/2011 - 13:14 | Link to Comment Amabo Kcarab
Amabo Kcarab's picture

Paging Gupta, Blankfeinon line 1.

Tue, 03/01/2011 - 13:14 | Link to Comment Blythes Master
Blythes Master's picture

A thread made just for bad at math man.

 

BUY BUY BUY!!!!

Tue, 03/01/2011 - 13:36 | Link to Comment Harmonious_Diss...
Harmonious_Dissonance's picture

March Madness!

Tue, 03/01/2011 - 13:15 | Link to Comment Rainman
Rainman's picture

Obviously these sellers are up to date with their anti-propaganda vaccine shots.

Tue, 03/01/2011 - 13:17 | Link to Comment RobotTrader
RobotTrader's picture

DO OR DIE

Tue, 03/01/2011 - 13:23 | Link to Comment Internet Tough Guy
Internet Tough Guy's picture

Another V-Bottom bought with full force and fury
RobotTrader - Tue, Mar 1, 2011 - 11:21 AM

And as tech stocks are bought with the utmost urgency, gold, silver, and crude sell off once again.

Tue, 03/01/2011 - 13:32 | Link to Comment redpill
redpill's picture

Oh shut up and BTFD already

Tue, 03/01/2011 - 14:38 | Link to Comment topcallingtroll
topcallingtroll's picture

It is actually die....because I capitulated and gave up my shorts.

Tue, 03/01/2011 - 13:18 | Link to Comment disabledvet
disabledvet's picture

let's see "media stock, media stock, media stock, media stock."  i'm "sensing a theme."  could it be...SATAN!!!!

Tue, 03/01/2011 - 13:29 | Link to Comment redpill
redpill's picture

Well....isn't that special!

Tue, 03/01/2011 - 13:20 | Link to Comment 101 years and c...
101 years and counting's picture

luckily, insiders have been able to use company cash to ramp up their stock prices before unloading.  so much easier than buying capital, hiring people and expanding the company....

 

Tue, 03/01/2011 - 13:22 | Link to Comment tahoebumsmith
tahoebumsmith's picture

The Casino has successfully spent 5 Trillion in advertising and now has enough hoodwinked patrons coming back to cover the amount of money that is being stolen from within. All the high rollers want to cash in their chips before the Casino closes its doors again, leaving the the one arm nickle dumpers stuck in the dark when the lights go out.

Tue, 03/01/2011 - 13:32 | Link to Comment luk427
luk427's picture

I would like to know how much of that money went into gold and silver eagles.

Tue, 03/01/2011 - 20:35 | Link to Comment Papasmurf
Papasmurf's picture

Is there anywhere else to put it? 

Tue, 03/01/2011 - 13:36 | Link to Comment gwar5
gwar5's picture

Lopsided liquidation continues by insiders

Tue, 03/01/2011 - 13:56 | Link to Comment Seasmoke
Seasmoke's picture

no one wants to be left holding the bag this time, as it may be the final time

Tue, 03/01/2011 - 14:13 | Link to Comment videopro
videopro's picture

Oh big deal. Speed up the HFT algos abit more and all is good.

Tue, 03/01/2011 - 14:15 | Link to Comment farragut
farragut's picture

Do we have any historical data with which to compare these massive imbalances in insider buying/selling?

Tue, 03/01/2011 - 14:35 | Link to Comment topcallingtroll
topcallingtroll's picture

The current insider selling bothers me not because I think it is a harbinger of a top, but because it constantly reminds me how management steals shareholder money by dilution, and shareholders are stupid enough to keep buying at these paltry dividend levels.

Oh well..when in rome....

Tue, 03/01/2011 - 14:50 | Link to Comment Fred Fernakie
Fred Fernakie's picture

+1

Tue, 03/01/2011 - 14:48 | Link to Comment f16hoser
f16hoser's picture

If they're selling, who's buying? BENNY and the JETS

Tue, 03/01/2011 - 14:51 | Link to Comment topshelfstuff
topshelfstuff's picture

""""If they're selling, who's buying? BENNY and the JETS""""

well, yes...for now...we [The People/Taxpayers] will get stuck with the Tab later

Tue, 03/01/2011 - 20:22 | Link to Comment Buck Johnson
Buck Johnson's picture

No one inside the banking and financial system believe the US market anymore.  They know that it's just a big ponzi scheme to get the rubes into buying into the market and the insiders into getting out.

 

Tue, 03/01/2011 - 20:41 | Link to Comment SunSword
SunSword's picture

So -- if the insiders have been getting out of equities from months -- what are they doing with the cash they have been receiving for the sales?

Do NOT follow this link or you will be banned from the site!