Fintel’s November Insider Trading Report Reveals Bulls in Financial Sector while Sellers Dominated Discretionary Spending Heading into the Holiday Season

Share Article

Economic uncertainly dimming enthusiasm for consumer and corporate spending while the financial sector sees most insider buying since Q1 2019

“In November, total market insider sell/buy ratio neared 3.0, up from 0.9 in June. These levels are considered average and do not indicate either a significant bull or bear market.” - Wilton Risenhoover, Fintel

Fintel, a provider of advanced research tools for data-driven investors, today released the November 2020 edition of its Insider Trading Report, a monthly tracker of executive buying and selling by company, industry, and individual executive. The report is designed to help investment professionals identify trends from executive buying and selling that can inform investing decisions.

Among the key findings and highlights from the November report:

  • The Financial sector had its most bullish month of insider activity since Q1 of 2019, reaching a sell/buy ratio of 0.97. The Utilities, Energy, Real Estate, and Materials sectors rounded out the top 5 industries featuring more insider buying than selling.
  • On the opposite side, Consumer Discretionary, Industrials, and Information Technology were the sectors with the most insider selling, driven in large part by the continuing uncertain economic conditions stifling both consumer and corporate spending.
  • Individual companies with the most insider buying activity by value included Kraft Heinz Company, Kodiak Sciences, and Olema Pharmaceuticals. Aptevo Therapeutics saw the greatest number of insider buys.
  • The top three companies with the most selling activity by value included Nuveen Floating Rate Income, Keurig Dr. Pepper, and LendingTree. Estee Lauder saw the greatest number of insider trades.

“In November, total market insider sell/buy ratio neared 3.0, up from 0.9 in June,” said Wilton Risenhoover, Fintel’s Founder and Managing Partner. “These levels are considered average and do not indicate either a significant bull or bear market.”

Each month, The Fintel Insider Trading Report identifies and charts the companies, industries, and insiders that have the most insider trading activity in raw dollar volume in the previous 30 days. Indicators include the total number of trades, shares, the average price of the trades, and total value. The report will also identify the industry sectors with the greatest change in insider trading volume and those with the lowest ratio of buying versus selling.

Subscribers to the report can then access the Fintel platform to delve more deeply into a specific company and execute to access historical trading activity, delineate between planned and unplanned selling, draw correlations between insider trading activity and stock performance all to gain a more accurate view of executive sentiment and investment opportunity.

To subscribe to the Fintel Insider Trading Activity, please visit https://fintel.io/.

About Fintel:

Fintel® provides advanced research tools for data-driven investors Fintel currently tracks over 9500 funds and over 63,000 securities traded worldwide. Information includes fund holdings, fund sentiment, financial data, and regulatory filings (including SEC, LSE, ASX, and SGX). Fintel aggregates over 120 financial news providers from around the world, including activist investor filings.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Greg Kalish
Visit website