Insider Data - Week Ending 07/03/2010

It was quite an unsettling week. All major indices saw a decline. But looking at rest of the world, I think some markets have not done as bad. For example, Indian markets have not experienced as much dip. Weakness in dollar will keep affecting the markets in rest of the world but hopefully will help US businesses.

Insider buying was slighly up for the week compared to the previous week. But looking at the rolling average chart, we can tell that sell/buy ratio is starting to creep up longer term. It is not in a danger zone yet though.

Top buys and sells for the week have some notable stocks that have seen some upsurge in insider buying during past 2-4 week. QLTI is such an example. Tesla insiders sold some of their holdings in the IPO.
Top Buys -

LGF	$49,502,432
SNSS	$49,399,997
HPP	$36,569,516
NGA	$25,990,492
CHTL	$24,482,835

Top Sales

FN	$-51,006,780
CCI	$-32,034,904
TSLA	$-25,290,203
THS	$-13,436,933
RXii	$-8,947,500

Biotechnology (SNSS) and movie theatres (LGF) industry are seeing an upsurge in buying for past 2-4 weeks. Healthcare sector has seen an uptick too.

Top Industries

Biotechnology	$43,840,159
Movie Production, Theaters	$42,419,327
Industrial Equipment & Components	$23,307,897
Oil & Gas Refining & Marketing	$19,624,672
Sporting Activities	$14,972,578

I hope every one is getting good break for 4th of July weekend.