The Least Surprising Stat Of The Week: Corporate Insiders Are Dumping Their Stock

"Here’s one for the “actions speak louder than words” file:

Massive insider selling spurs stock market concerns

(CNBC) – Corporate insiders have been selling their shares at near-record levels, and according to some, this could be a sign for outside investors to start selling as well.

Investment research firm TrimTabs reported on Wednesday that insider selling reached $7.6 billion for the month of November, the fourth-highest monthly level on record. For some this may be an alarming indicator, as corporate insiders tend to have more knowledge than public shareholders on the inner workings of the company, and what may drive stock prices up or down.

“Historically when insiders are selling heavily it’s not the greatest sign,” TrimTabs’ chief executive, David Santschi, told CNBC in a phone interview Wednesday. “I’m surprised given the valuations in the market that they’re not selling more than they are.”

at  http://dollarcollapse.com/stock-prices/the-least-surprising-stat-of-the-week-corporate-insiders-are-selling-their-stock/