EquitiesInsiderssemiconductorsPositioning
Five Chip Companies Show Concurrent Insider Sell Clusters, Every One Including the CEO or CFO.
The Sector Has Not Shown a Single Buy Cluster Since May.
Executives at five US-listed chip companies are selling stock in concurrent insider clusters worth 119 million dollars, each including the CEO or the CFO. On the other side of the ledger, insider buy clusters across the entire US market Kresmion tracks add up to 19.6 million dollars, and the semiconductor sector has not produced a single buy cluster since tracking began in late May. The selling wave has been building for three weeks, it kept growing into July, and the price action in the sector has quietly started to agree with it. Kresmion's insider layer groups SEC Form 4 filings into clusters: three or more insiders at the same company trading in the same direction inside a rolling four week window. On the…
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