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Insider stock sales rise to two-decade high in the US

Corporate insiders — typically chief executives, chief financial officers and board members — sold a combined $19bn of stock in their companies through to mid-September, according to data from Smart Insider, a UK-based group. Executives at Estée Lauder, the cosmetics giant, and clothing group Lululemon Athletica also appear among the most active sellers, according to Smart Insider. Investors often use data on insider stock sales as a rough marker for the confidence of executives in their own companies’ prospects. Read More...

Corporate insiders — typically chief executives, chief financial officers and board members — sold a combined $19bn of stock in their companies through to mid-September, according to data from Smart Insider, a UK-based group. Executives at Estée Lauder, the cosmetics giant, and clothing group Lululemon Athletica also appear among the most active sellers, according to Smart Insider. Investors often use data on insider stock sales as a rough marker for the confidence of executives in their own companies’ prospects.

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