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.