Corporate insiders buying their own stock at the slowest pace in 23 years.
This is one of those quiet signals that doesn't make headlines but tells you something about conviction at the top.
When executives aren't putting their own money into their companies, it's worth asking why. Maybe valuations feel stretched. Maybe they see headwinds ahead. Maybe they're just less optimistic than the market is pricing in.
Historically, heavy insider buying has been a decent contrarian signal near bottoms. The flip side? When insiders go quiet, it's rarely because they think shares are screaming buys.
Not a reason to panic, but definitely a data point to file away as you think about where we are in the cycle.
This is one of those quiet signals that doesn't make headlines but tells you something about conviction at the top.
When executives aren't putting their own money into their companies, it's worth asking why. Maybe valuations feel stretched. Maybe they see headwinds ahead. Maybe they're just less optimistic than the market is pricing in.
Historically, heavy insider buying has been a decent contrarian signal near bottoms. The flip side? When insiders go quiet, it's rarely because they think shares are screaming buys.
Not a reason to panic, but definitely a data point to file away as you think about where we are in the cycle.