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.
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