Corporate Insiders Rush to Sell Into Market Rally
Dec 16, 2020
One notable group is missing from the list of buyers amid the stock market’s relentless advance: corporate executives.
Earlier this year they timed the March market trough, scooping up shares of their own companies at the fastest pace since 2009. Come December however, with institutional and retail traders pumping record cash into exchange traded funds that track equities, insiders are still selling shares and in levels that have preceded prior market corrections.