Insider buying decreased significantly last week, with insiders purchasing $107.94 million of stock compared to $305.64 million in the week prior. Selling also decreased, with insiders selling $1.33 billion of stock last week compared to $2.89 billion in the week prior. Most of the management insider buying appears to be concentrated in the financial sector as you can see from the sector heat map below. A large part of this was driven by the Chairman of the insurance company Mercury General buying in size for a second week in a row.
While there were some