Chart of the Week | July 12, 2021
Insider Buying Outpaced the S&P 500 Index Over the Past 16 years
- Insider buying outperformed the S&P 500 Index by 179 bps with an approximately equivalent maximum drawdown.
- Insider buying outperformed the S&P 500 Index during the Great Recession (’08-’09) by 9.26%.
- Insider buying remains a great behavioral performance indicator on the notion that corporate executives know more about their company than anyone else possibly could.