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8-9-insiders sold more than 33 times as much stock as they purchased.

Posted by Richard640 @ 23:23 on August 10, 2020  

Welcome to edition 528 of Insider Weekends. Insider buying increased last week with insiders purchasing $172.17 million of stock compared to $88.83 million in the week prior. Selling also increased significantly with insiders selling $5.71 billion of stock last week compared to $1 billion in the week prior. With many companies already reporting earnings, we are likely to see a slew of insider purchases in the coming weeks.

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 33.14. In other words, insiders sold more than 33 times as much stock as they purchased. The Sell/Buy ratio this week compares unfavorably with the prior week, when the ratio stood at 11.28.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.