Financial insiders are buying their own stock at the slowest pace in nearly 23 years—a ‘negative data point’ just as bank earnings kick off

AI SUMMARY

# Insider Buying Hits 23-Year Low as Bank Earnings Season Begins Financial insiders are purchasing their own company stock at the slowest pace since 2001, according to VerityData analyst Ben Silverman, who characterizes the trend as a "negative data point" signaling investor skepticism about current market valuations. The sharp decline in insider buying comes at a particularly sensitive time as major financial institutions begin reporting quarterly earnings, potentially indicating that even company executives lack conviction in stock prices at current levels.