The NASDAQ Telecommunications Index dropped 205 base points from its monthly high today. Meanwhile, it is observed that the insider trading buy ratio dropped sharply as well. Only 54 companies filed insider trading Form 4 to SEC during the past month which is quite low compared to 69 companies for the previous period.
July 12 Matt Grob US$0.215 July 11 US$58.72 http://www.insiderslab.com/PR/071911A/QCOM/QUALCOMM
July 5 Ed Mueller US$40.79 http://www.insiderslab.com/PR/071911A/CTL/CENTURYLINK
Stock prices within the computer industry rallied after tumbling last week. Now we are waiting for the sector’s insiders to respond to the movement of the stock. According to the latest insider trading data, insider buy ratios of Computer Software and Services Sector dropped sharply during the past four weeks.
Dorian Daley July 7 US$34.00 http://www.insiderslab.com/PR/071911A/ORCL/ORACLE
US$216.4 million US$173.3 million US$4.54 million http://www.insiderslab.com/PR/071911A/TIBX/TIBCO
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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SOURCE Insiderslab.com; Insiders.hk