Corporate Insiders Are Buying the Dip in US Stocks
This article is for subscribers only.
One group of well-informed investors looked at last week’s stock market selloff and decided it was time to buy.
When stocks got hammered into a brief correction, erasing some $5 trillion from the value of the S&P 500 Index, corporate insiders stepped in. A gauge of insider sentiment from the Washington Service shows that with two more weeks to go in March, the ratio of buyers to sellers rose to 0.46, up from 0.31 in January.