Warning Flashes As Corporate Execs Dump Most Stocks Since 2015 | WHAT REALLY HAPPENED

Warning Flashes As Corporate Execs Dump Most Stocks Since 2015

The S&P500 hit an all-time high price earlier this week, with a forward P/E multiple surpassing the dot com peak of 27x, printing at 27.02x. These mind-numbing valuations (before Thursday's panic sell) have been met with intense insider selling as corporate executives dump billions of dollars worth of their stock into unsuspecting Robinhood traders.

Data compiled for the Financial Times by Smart Insider shows insider selling by 1,042 chief executives, chief financial officers and company directors in Aug. was the highest dollar amount since Nov. 2015. The total number of execs disposing of their stock as valuations, in some cases, surged beyond dot com levels, was the highest since Aug. 2018.

Tags:

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA