From The Pragmatic Capitalist:
For the latest two week period ending yesterday, insiders purchased just $4.6MM in stock while selling an astounding $471MM in stock. That is a $217MM jump over last week’s reading of $254MM.
The trend in insider selling has been negative for quite some time, but even more alarming is the total lack of insider buying.
Read full article (with charts)...
More on insider selling:
Corporate insiders fleeing this market
Corporate insiders sense MAJOR market downturn
Steve Sjuggerud: Insider selling at huge levels right now