U.S. insiders dump stocks at fastest pace in 10 years amid recession fears
2024 has been marked by an impressive market rally that has seen most of the major indexes reach new all-time highs multiple times, meaning that U.S. stocks have been on a months-long bull run that has only recently shown signs of diminishing.Insiders from the largest publicly traded U.S. companies have used this period to offload their stock holdings and take profits to a level not seen in over a decade, according to research by Nejat Jon Seyhun from InsiderSentiment.com.Only about 15% of publicly traded f ...