Insiders Sell Off Refinery Stocks, Financial Executives' Stock Purchases Drop to 23-Year Low
2026-10-07 13:28:38
CoinMeta data: Insiders are selling refinery stocks and bypassing banks. Executives from refineries Par Pacific and PBF Energy sold their shares after achieving returns of 149% and 210% respectively this year. Meanwhile, the number of financial executives purchasing company stocks has dropped to its lowest level in nearly 23 years. According to VerityData data, the proportion of insiders selling in the energy industry has reached a record high, revealing the insider trading activities in that sector. Although insider trading is public, it provides a rough guide for investors. Goldman Sachs, Morgan Stanley, and JPMorgan Chase will release their financial reports next week, with current treasury bond yields exceeding 5%.
Source:BeInCrypto
This content is for market information only and does not constitute investment advice.
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