Welcome to edition 372 of Insider Weekends. Insider buying declined sharply with insiders purchasing $29.30 million of stock compared to $94.97 million in the week prior. Selling on the other hand more than doubled with insiders selling $1.55 billion of stock last week compared to $651.35 million 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 went up to 52.91. In other words, insiders sold almost 53 times as much stock as they purchased. The Sell/Buy ratio this week compares unfavorably with the prior week, when the ratio stood at 6.86.