NASDAQ Telecommunications Index

The NASDAQ Telecommunications Index dropped 205 base points from its monthly high today. In the meantime, it is observed that the insider trading buy ratio dropped sharply as so then. Only 54 companies filed insider trading Form 4 to SEC while the past month which is quite low compared to 69 companies for the previous period.

Telecommunications Sector 4-week Insider Buy Ratio: Decreased from 23% to 17%Telecommunications Sector 13-week Insider Buy Ratio: Increased from 24% to 25%Telecommunications Sector 52-week Insider Buy Ratio: Decreased from 37% to 33%