Insider buying by financial sector executives hits 23-year low
JPLD JPMorgan Limited Duration Bond ETF
$51.29 +0.02%
View chart & analysis → - 1The number of unique buyers in the financial sector reached 298 in the third quarter.
- 2This is lower than the previous low of 302 buyers recorded prior to the third quarter of 2024.
- 3The lack of insider buying suggests that executives are uneasy about valuations.
So what's the key point?
The number of financial company executives buying their own company stock has dropped to just 298 people. This means executives are feeling uncertain about whether current stock prices are high compared to earnings.
Source Fortune · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.