Display insider trading information
Would like to suggest that a measure of insider trading activity be added to the data base
Steven Lopez commented
I would pay for more insider info or SEC filings built into Vector Vest. What a great idea! Yahoo finance might provide it for a little extra money. I used to pay for that info in the past.
Sidney Ho commented
This will help non US based subscribers like myself. Any advice how overseas subscribers can access insider trader information when they are not a client of a broker firm will be much appreciated?
WILLIAM BIRKHOFF commented
TDAmeritrade INVEST TOOLS does this very well. vital piece of information. indicates officer/buy or sell/ type o action (warrent exersize/etc)f
Leonard Maahs commented
You can get this on Fidelity.
Timothy Budny commented
Why sweat Vector Vest about Insider trading Activity? You all do realize that Data regarding Insider Trading Activity will always be old NO MATTER WHAT YOUR SOURCES are. That because Insider Trading Activity does not become a matter of Public Record until after it gets reported and filled with the Security and Exchange Commission. Insiders have anywhere from 2 day to two weeks- and in certain cases several moths- before they are required to report their Insider Trades.
There’s dozens upon dozens of Financial News Websites (i.e. Yahoo Finance, for just one) where one can glean Insider Trade Info for free. Also, I cannot think of a single Broker website that does not provide this same info at no extra cost. Because Insider Info is ALWAYS going to be outdated no matter where you get it from, it is one piece of data an investor / trader should be in no hurry to glean.
My point is we are not missing much if Vector Vest does not take the time, expense (cost of which eventually gets passed on to us clients) and bandwidth to put Insider Trading Stats on their program. I am not suggesting that Insider stats cannot be interesting or useful but please just take your TIME and lookup those things up for free elsewhere. Remember there is no hurry when it comes to Insider trading info because it is all relatively ancient history- no matter where you go to get your info.
Rassim Kuliyev commented
I agree. And add please in a Unisearch group the following filter 'Shares bought by 10 or more different Insider traders'
Carl Martahus commented
I agree. A search dedicated to insider buying would be a bullish indicator. People can sell of any number of reasons but generally they only buy for one...they feel the stock will go up.
Sharon Logue commented
add institutional percentage of float
John McCormack commented
Adding Director's buying would be particularly useful. Directors sell for various personal reasons but when they buy it is usually because they either have confidence or that they believe that the sshare price is undervalued. Tracking open Option volumes at nearby strike prices would also be useful.
Steven Surowitz commented
I currently use Form4Oracle for this information. It is extremely useful, especially when you filter for market purchases made by more than one insider, and obtain the info within a day of the insider filing the Form4 with the SEC. Used in conjunction with VV and IBD daily info, I have done very well. Insider selling is not as useful, as insiders may sell for many reasons, but when they purchase at market, it usually bodes well for the stock.
James Dinger commented
Good idea since this can be an indication of the company's financial health and future sales and earnings. Think of it another way, if the people running the outfit don't want it, who would?
Kamyar Hooshmand commented
it is a good idea if it is recent. also some indication of cash available to company and book value could help
DINESH SHARMA commented
would like to suggest to add OBV (option buying volume) indicator as this otmost important for retail trader to see how buying what?
Ray Hendle commented
many share advice services do this. VV ability to quantify/codify this would be extremely useful.
Paul Wilkes commented
I don't think it would be worth the extra expense of adding this to VV. The available information is usually too late to be meaningful.
ROY MANNS commented
PUBLISHED INSIDER INFORMATION IS OF COMPANY DIRECTORS AND OFFICERS BUYING OR SELLING, THAT IS USEFUL INFO.
Piedade Paterson commented
I’m not sure how much of an advantage it would be to know about insider info as when a new employee joins a firm they may be given shares and when they leave a firm they may have to sell shares back to the firm, it doesn’t suggest anything positive or negative about the company’s situation. There may however be more to it than this if so then I would like to know more about it to judge just how important this knowledge could be but until then as far as I’m concerned its just another iffy indicator.
Jock Prinsloo commented
I agree with all of the above but would still want same to be added
Kamyar Hooshmand commented
there is a delay in insider info disclosure. so it is not useful
Robert Wolff commented
I get it every day!