Nicholas Wells
Nicholas Wells
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Executives are selling stock as the market experiences its epic rebound

Executives are selling stock as the market experiences its epic rebound

Key PointsCompany insiders are dumping shares as stocks experience their epic rebound from the recession. The sales are a major shift from the during the market bottom in March.Among the sellers are the heads of blue-chip companies like UnitedHealth and BlackRock. a day agoThe ratio of companies with insider buying compared to insider selling is at 0.27 in July, the lowest level since at least 2000, according to the Washington Service, a provider of insider trading and data analytics. The ratio has come down significantly since its 11-year high of 1.75, set in March."I think...

July 24, 2020
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