Congress Wealth Advisor Solutions Congress Wealth Advisor Solutions Congress Wealth Advisor Solutions Congress Wealth Advisor Solutions
  • Partnerships
    • Strategic Partnership
    • Continuity & Succession
  • Resources
    • Financial Planning
    • Investment Management
    • Practice Management
    • Continuity & Succession Planning
    • Operations Management
    • Compliance
  • Team
  • Insights
    • Articles
    • Podcasts
  • Advisor Center
Congress Wealth Advisor Solutions Congress Wealth Advisor Solutions
  • Partnerships
    • Strategic Partnership
    • Continuity & Succession
  • Resources
    • Financial Planning
    • Investment Management
    • Practice Management
    • Continuity & Succession Planning
    • Operations Management
    • Compliance
  • Team
  • Insights
    • Articles
    • Podcasts
  • Advisor Center
Jun 01

A look at what corporate insiders are doing

  • June 1, 2022
  • CWM Investment Team
  • Richard Barrett

Corporates insiders have an unusually good track record of timing their personal buys/sells. There’s a process around their trades and they do have to jump thru regulatory hoops and various disclosures then they trade their own shares, but looking at what they do with their own money is an interesting exercise.

What are corporate insiders doing now? Buying….and buying at the fastest pace since 4Q2018. There have only been five other times in the past 12 years that corporate insiders were buying so much:

Summer 2010:
After the “Flash Crash” sent the equity market down -15% over six weeks

September 2011:
After the US debt lost its AAA rating and the equity markets had already gone down -20%

1Q2016:
After oil collapsed and after the equity market had already gone down -20%

4Q2018:
Fed chair Powell battles inflation that doesn’t exist, and after the market already down -20%

2Q2020:
COVID…..enough said

Investor sentiment at generational lows and corporate insiders buying……..interesting.

Source:  JonesTrading LLC May 31, 2022

Richard Barrett
Chief Investment Officer


Congress Wealth Management LLC (“Congress”) is a registered investment advisor with the U.S. Securities and Exchange Commission (“SEC”). Registration does not imply a certain level of skill or training. For additional information, please visit our website at congresswealth.com or visit the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with Congress’ CRD #310873.

This note is provided for informational purposes only. Congress believes this information to be accurate and reliable but does not warrant it as to completeness or accuracy. This note may include candid statements, opinions and/or forecasts, including those regarding investment strategies and economic and market conditions; however, there is no guarantee that such statements, opinions and/or forecasts will prove to be correct. All such expressions of opinions or forecasts are subject to change without notice. Any projections, targets or estimates are forward looking statements and are based on Congress’ research, analysis, and assumption. Due to rapidly changing market conditions and the complexity of investment decisions, supplemental information and other sources may be required to make informed investment decisions based on your individual investment objectives and suitability specifications. This note is not a complete analysis of all material facts respecting any issuer, industry or security or of your investment objectives, parameters, needs or financial situation, and therefore is not a sufficient basis alone on which to base an investment decision. Clients should seek financial advice regarding the appropriateness of investing in any security or investment strategy discussed or recommended in this note. No portion of this note is to be construed as a solicitation to buy or sell a security or the provision of personalized investment, tax or legal advice. Investing entails the risk of loss of principal.

  • Facebook
  • Twitter
  • LinkedIn
  • E-Mail

Related Posts

  • The Recession of 2023February 2, 2023
  • We’re onto FebruaryFebruary 1, 2023
  • “Inflation is a monetary phenomenon” – Milton FriedmanJanuary 31, 2023
  • Sentiment & Positioning: both offsides, repeat first downJanuary 24, 2023

Comments are closed.

Receive our newsletter

Subscribe

Advisor Solutions Team

Advisor Solutions Team focuses on the independent and breakaway financial advisor, addressing common strategic and managerial issues associated with building a profitable practice.

CWM Investment Team

Provides commentary on their view regarding trends in the markets.

Podcast "For Advisors"

Designed and built just for independent advisors with AUM between $20 – $300M to help them make good management decisions with information they need to run their practices.


Articles & Podcasts

  • Advisor Solutions Team (7)
  • CWM Investment Team (103)
  • Podcasts (11)

This podcast is designed and built just for independent advisors with AUM between $20 – $300M to help them make good management decisions with information they need to run their practices. This is the only podcast built specifically for advisors who feel that acting in the client’s best interest is just the tip of the iceberg in terms of client-centric business, client care, and ethical responsibility.

Tags

Carl Noble Compliance Financial Advisors Gary Seifrit Industry Trends Investments Richard Barrett Ryan Carroll Sauro Locatelli Sean Dillon Senior Citizens

Archives

Office headquarters

155 Seaport Blvd
Boston, MA 02210
Phone: (617) 428-7600 Fax: (617) 428-7699

Form ADV for Congress Wealth Management
Form CRS
Legal Disclaimers
Privacy Policy

Follow us

  • linkedin

Contact us via email

    © Congress Wealth Advisor Solutions
    Congress Wealth Advisor Solutions (CWAS) is a division of Congress Wealth Management, LLC (CWM), which is a registered investment advisor with the U.S. Securities and Exchange Commission. For additional information, please visit the Investment Adviser Public Disclosure website by searching with CWM's CRD #310873. Investment Advisory services are offered and rendered through CWM. CWM acquired Pinnacle Advisory Group, Inc. (Pinnacle) on April 30, 2021.