Menu
This week once again yielded a bunch of very interesting insider purchases including a large number of familiar names and a new one that took me by surprise. Instead of focusing on a specific name, I figured I would briefly touch upon several names like we did about a month ago.
Welcome to edition 738 of Insider Weekends. Insider buying increased significantly last week with insiders purchasing $272.50 million of stock compared to $149.16 million in the week prior. Selling decreased to $4.15 billion compared to $4.41 billion in the week prior.
Sell/Buy Ratio: The Insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by the total insider purchases that week. The adjusted ratio increased to 15.24. In other words, insiders sold more than approximately 15 times as much stock as they purchased. This week the Sell/Buy ratio was favorable; compared to the prior week when the ratio stood at 29.58.
Notable Insider Buys:
1. Zillow Group Inc. (Z): $48
Director Jay C. Hoag acquired 2,338,036 shares of this real estate technology company, paying $42.76 per share for a total amount of $99.97 million.