Insiders Dumping Their Own Companies’ Stocks At Record Pace–What Do They Know?

FILE PHOTO: A man points a computer screen showing stock information in this illustration photo taken in Bordeaux, France, March 30, 2016. REUTERS/Regis Duvignau

Company CEOs and corporate America insiders are dumping stock at a record pace.

Insiders dumped $15.59 Billion in stock in November.

This is an all-time record.

48 top execs have dumped $200 million each.

From Zero Hedge:

CEOs and corporate insiders are dumping stock at a far faster rate than we’ve seen in recent years, and the twist is, they’re ramping up selling as their own companies engage in record stock buybacks.

In November, insiders unloaded a collective $15.59 billion – an all-time record…

Forty-eight top executives have disposed of more than $200 million each in stock sales this year, about four times the average versus insider from 2016 through 2020, according to a new report via WSJ, citing data from the research firm InsiderScore.

The tsunami of insider selling consists of Google co-founders Larry Page and Sergey Brin, cosmetics billionaire Ronald Lauder, Walton family heirs to Walmart, and Mark Zuckerberg, chief executive of Facebook parent Meta Platforms Inc, among others. Many of them have dramatically accelerated stock sales.

InsiderScore data shows corporate insiders sold a mindboggling $63.5 billion in shares through November, a 50% jump versus all of 2020. The selling comes as major equity stock indexes are hovering near record highs and stock buybacks continue at breakneck speeds. Most of the insider dumping was in the technology sector, amounting to $41 billion in sales.

The key question is what do they know?

The Palmieri Report is a Pro-America News Outlet founded by Jacob Palmieri. The Palmieri Report is dedicated to giving people the truth so that they can form their own informed political opinions. You can help us beat Big Tech by following us on GETTR , Telegram, and Rumble.


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