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Corporate Insiders Are Frantically Buying Up Their Own Stock

  • Corporate executives scoop up shares at historically fast pace
  • Past episodes show equities continued to rise after: Sundial
Markets Open Up After Biggest Drop Since 1987 As Coronavirus Continues To Rattle Stocks

Photographer: Spencer Platt/Getty Images 

With buybacks on the outs, people have occasionally been baffled over who’s been doing the buying as the stock market surged. One answer is corporate insiders.

Corporate executives and officers have been adding shares of their own firms over the past few weeks at breakneck speed. So much so that they’re more bullish than they’ve been at most other points in the past decade, according to Sundial Capital Research.