Company insiders buy some shares

Company insiders buy some shares
Frankfurt Stock Exchange trading room

The management and supervisory boards of German companies have until recently traded only a few shares in their companies.

(Photo: Mark-Stephen Unger for Handelsblatt)

frankfurt The most recent quarterly season in Europe went surprisingly well – despite all the woes surrounding impending energy shortages, high inflation and rising interest rates. Eleven DAX companies have also raised their annual forecasts. Still, according to Jurgen Schalmeier, equity strategist at DecaBank, companies have pointed to a possible “economic slowdown” when presenting their business figures.

His words not only show that the executive and supervisory boards are cautious, but also take a look at his trading activities on the stock exchange. Company insiders bought a notable few shares in their companies in August. At the same time, companies reported more insider sales to financial regulator BaFin.

Professor Olaf Stotz of the private university Frankfurt School of Finance and Management finds this unusual: “Insiders clearly do not trust cashing and expect further collapse in the economy and in the stock markets.”

read now

Get access to this and every other article

Free for 4 weeks on the web and in our app.

continue

read now

Get access to this and every other article

Free for 4 weeks on the web and in our app.

continue

READ  Hamburg: Hotel "Louis C. Jacob" now part of Reves
Written By
More from Thalia Vaughn
Bryson DeChambeau’s epic Memorial meltdown aided Tiger Woods
DUBLIN, Ohio — Bryson DeChambeau was the betting most loved to win...
Read More
Leave a comment

Your email address will not be published.