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US executives leading surge of insider buying amid stock rout

Published Wed, Feb 10, 2016 · 09:50 PM

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New York

EVEN as global stocks lurch towards a bear market, one set of investors who in the past has picked the bottom is buying.

A total of 699 officers and directors of American companies purchased their own stock in the last 30 days compared with 828 who sold, the most bullish ratio in more than four years, according to data compiled by The Washington Service and Bloomberg. Stocks with the worst losses, such as financial firms, are seeing the biggest increase in demand.

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