Insiders have not turned bearish despite the Iran War:



26.4% of US publicly traded companies saw net insider purchases in March, the highest in 5 months.

This reading is up from 20.9% in February and marks the 2nd consecutive monthly increase.

This is also above the 10-year average of 23.5%.

Corporate executives stepped in to purchase their own stock after the market pullback last month, a sign of confidence in a recovery.

Meanwhile, in the energy sector, the proportion of companies with net insider purchases fell -1.6 percentage points, to 17.5%, suggesting insiders do not expect oil prices to stay elevated for long.

Insiders are bullish of their #stocks

#USIranCeasefireTalksFaceSetbacks
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Hlmi4554
· 3h ago
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