Insider Data - Week ending 11/28/2009

It was holidays shortened week. Hopefully every one had a Happy Thanksgiving and enjoyed time with family and friends. Did you guys get chance to pick some bargains available at retail stores on Black Friday? Amazon ran a pretty good campaign online and I am sure retailers would have felt some impact because of that.

Understandably insider filings were quite low during the last week. But the trend is still unmistakable, the sell to buy ratios are way up in the bearish territory. The rolling averages for past three weeks are shown in the table below-




So there has been a slight increase in selling by insiders in the most recent week but being a short week, the data might be a bit skewed when compared with data from previous weeks.

Top Transactions among stocks is shown in the table below. It is interesting to see that 'OPTV' has shown quite a bit of insider buying and has topped the list of net buys in past two weeks. It probably is because of the tender offer by Kudelski group to buy OPTV @ $1.55/share. There was some selling among big names like GS, BBY.



Significant net purchases by company CEOs and CFOs are shown in the table below



Finally, the industries with top insider buys are shown below -



I will be watching along with others the fallout of financial events unfolding in the middle east. When does the stock market take a serious note of the situations like Dubai? Only time will tell.

Insider Data - Week ending 11/21/2009

Insider activity past couple of weeks has been subdued when you compare it with torrential activity of first week of November. Weekly sell to buy ratios has gone down week over week during past three weeks. But when sell to buy ratio is averaged over a longer period of time (8+ weeks), it gives the same grim picture, insiders are still very bearish. The table below gives the snippet of sell to buy ratios for up to 13 weeks.









Top market wide, net transactions are shown in the table below -



















Finally, the industries that are showing accumulation by insiders are shown in the chart below. Technical and System Software Industry has been the top accumulator in past 2 weeks amounting to almost 14% of all net purchases by insiders. Specialty retail and resorts & Casinos are showing some accumulation by insiders also. Going into Thanks Giving weekend next week, every one will be keenly looking at retail sales data. Does the insider trend in past two weeks indicate anything useful? We probably won't have to wait very long to verify that.













Data used above is provided by www.prontosec.com. Please visit the website for more information.

Why Blog about insider data filings?

Quite honestly, it is a way for me to keep track of key insider transactions and be able to connect dots at a later point in time. I have been looking at insider filings for several years now but keeping a record of observations consistently has been a challenge so far. I am hoping to use this medium to keep my observations in digital format and be able to share it with who ever is interested in them. Initially, I plan to provide sort of a weekly summary with trends and observations and later on add an alert system if some thing out of normal happens during the regular week. Please don't hesitate to split apart my logic or conclusions, it would help us all understand insider trading aspect of stock market a little bit better.