In August, the amount of personally owned inventory bought by company executives reached its highest degree since 2015, adopted by a 10% decline within the S&P500 in September.
August noticed the biggest quantity of insider promoting since 2015, with greater than 1000 company officers offloading $6.7B in inventory. Subsequently, the market has seen a 10% decline because the S&P500 all time excessive of Sept. 2. What’s extra, in keeping with new statistics, insider promoting is occurring on the quickest tempo since 2012.
The query is: What do these executives know that the remainder of the market doesn’t?