Glossary · Cluenex scores

Insider activity

Shares bought or sold by a company’s own executives and directors, from SEC Form 4 filings.

Why it matters

Insiders sell for many reasons (taxes, houses, diversifying) but they usually buy for one: they think the stock is cheap. Clusters of buying are the signal.

How to read it

Planned sales under 10b5-1 schedules are routine. Several insiders buying on the open market is rare and notable.

Related

In the Cluenex app, this explanation opens next to every insider activity figure, with the live reading for the stock you are looking at. Open it in Cluenex