PRINCETON, N.J., Aug. 2 /PRNewswire/ -- Insider sentiment was at its most bullish levels in three years during the week of Wednesday, July 25th, 2007 to Tuesday, July 31st, 2007, according to InsiderScore.com, a leading insider and institutional trading data monitoring, analytics, and intelligence service. Not all insiders, however, are showing signs of bullishness, the service's research team says.
Driving the bullish sentiment last week were two factors: 1) a significant increase in buying across the Financials industry, specifically at Regional Bank and Savings & Loans, and 2) a sizeable decrease in selling across the entire stock universe.
The activity continues a three-year trend during which insiders have bought on market pullbacks and also slowed sales as a result.
While insider sentiment is extremely bullish, Ben Silverman, Director of Research for InsiderScore.com, said investors should be aware that sentiment is being driven by unusual factors, including abnormally bullish activity in the beaten-down Regional Banks and Savings & Loans arena.
"We have not seen a measurable increase in buying at mid- to large-cap non-Financials, and that gives us reason to pause and constrains our enthusiasm at the present time," Silverman stated. "The good news, however, is that insiders did step up to the plate, and in doing so, reaffirmed their views -- last seen in mid-February -- that the current market sell-off could be temporary. Time will tell if they're on the right side of the trade again." InsiderScore.com has issued a Special Report covering notable buying and selling activity for the period of July 20th, 2007 to July 31st, 2007. The report examines specific transactions at more than 35 companies, as well as buying activity at more than 25 Regional Banks and Savings & Loans. The Special Report is available to InsiderScore.com clients and trial subscribers.
Among last week's more notable transactions were: -- The largest purchases by insiders at Marriott International Inc. (NYSE: NYSE:MAR), Merrill Lynch & Co. Inc. (NYSE:MER), and Safeway Inc. (NYSE: NYSE:SWY) in more than four years.
-- "Bond King" Bill Gross' buying of the PIMCO Corporate Opportunity Fund. -- Cluster buying at bond insurer Security Capital Assurance Ltd. -- A large sale and reversal of sentiment by a director of Advanced Micro
Devices Inc. (NASDAQ:AMD).
See why Barron's said, "Any investor who uses -- or is thinking of using -- insider activity as a decision-making tool should check out [InsiderScore.com's] free trial." Qualified investors interested in a product trial should contact , or visit https://www.insiderscore.com/signup.php?refer=SWOON About InsiderScore.com: A leading insider and institutional trading data monitoring, analytics, and intelligence service, InsiderScore.com was launched in 2005 and is owned by Indie Research LLC. The Princeton, NJ-based company was founded by Bill Martin and Rusty Szurek, the founders of RagingBull.com, the Web's first online financial community. InsiderScore.com's clients include some of the world's largest and most respected money managers.
NOTE: This release was published by Indie Research Advisors, LLC (CRD #131926), a registered investment advisor with the NASD and State of NJ. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
MEDIA CONTACT: Ben Silverman, 1-888-428-6718 CLIENT CONTACT: InsiderScore Sales, 1-866-400-9595 DATASOURCE: Indie Research Advisors, LLC CONTACT: Media, Ben Silverman, +1-888-428-6718; or Client, InsiderScore Sales, +1-866-400-9595, both for Indie Research Advisors, LLC Web site: https://www.insiderscore.com/
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