Welcome to edition 371 of Insider Weekends. With Q2 earnings season in full swing, we finally saw an uptick in insider buying with insiders purchasing $94.97 million of stock compared to $15.01 million in the week prior. Selling on the other hand decreased with insiders selling $651.35 million of stock last week compared to $1.28 billion in the week prior.
Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by total insider purchases that week. The adjusted ratio for last week dropped to 6.86. In other words, insiders sold almost 7 times as much stock as they purchased. The Sell/Buy ratio this week compares favorably with the prior week, when the ratio stood at 85.25.