Insider stock purchases highest in four years

[chinaco]

Looks like the Financial Services Insiders see a bargain

Insider stock purchases highest in four years: Financial News - Yahoo! Finance

I am fairly conservative and buy long-term broadly diversified.

But for you contrarians that still look for bargains... Is this a good time to drop some money into a Fin Services sector fund or ETF? Perhaps 2-5% of the portfolio?

 

[brewer12345]

I think you could do a lot worse than buying KRE, a regional banking ETF. Insiders have been buying a ton of stock at banks because they just had most of their undisciplined competition vaporized.

 

[farmerEd]

Any good websites that let you easily search on insider activities?

 

[chinaco]

Any good websites that let you easily search on insider activities?

Yahoo finance list insider transactions and stock ownership.

MSFT: Insider Transactions for MICROSOFT CP - Yahoo! Finance
MSFT: Insider Roster for MICROSOFT CP - Yahoo! Finance


I am pretty sure they have to be reported to the SEC.

OF course, there are probably better sources.

 

[wildcat]

Gurusfocus.com

 

[al_bundy]

i like the part of the article where it says insider sales are down to only $2.9 billion