March 10 (Reuters) - U.S. corporate insiders sold far
more shares in their companies than they bought in February,
marking the largest gap since July 2024 and underscoring
executives' reluctance to purchase stock during a volatile month
for markets.
The pessimism among U.S. executives, who have the clearest
view of their own businesses, emerged during growing fears of AI
disruption in February and does not yet reflect the added shock
from the Iran war.
While insider transactions are often shaped by personal
financial planning rather than a direct view on markets,
analysts flagged that it might still serve as a sign of
corporate caution.
* The seller-to-buyer ratio for U.S. public companies jumped
to 4.2 in February, its highest level in 20 months, data from
The Washington Service showed.
* There were 2,260 recorded instances of insiders selling,
while only 543 recorded instances of insiders buying, the
analytics firm said.
* February's total of individual sellers marks the highest
figure since August, with around $6.6 billion worth of shares
sold
* Including only S&P 500 companies, there were 833
instances of executives selling shares last month, totaling more
than $4.9 billion, while only 74 executives bought, totaling
more than $271 million.
* The benchmark S&P 500 clocked its biggest monthly decline
since March 2025 last month as growing anxiety over AI
disruptions, tariff concerns and geopolitical worries hit
sentiment
* "Insiders are just like the rest of the investment
community where they tend to react emotionally when there's a
great deal of uncertainty," said Art Hogan, chief market
strategist at B Riley Wealth.