Breaking the data down by market:
- The NYSE Eight-Week Sell/Buy Ratio stands at 3.45, up from 3.40 last week.
- The Nasdaq Eight-Week Sell/Buy Ratio is 4.08, barely changed from 4.06.
Both figures remain comfortably inside the neutral band, underscoring a lack of conviction among corporate officers and directors regarding their companies’ near-term share performance.
One-Week Nasdaq Gauge Moves Toward Bullish Threshold
The lone metric showing a notable shift is the Nasdaq One-Week Sell/Buy Ratio, which climbed to 5.41. Vickers designates a reading of 6.00 as the point at which this short-term indicator turns bullish, so the latest figure is “closing in” on that mark. Although still neutral, the near-approach to 6.00 suggests insiders at Nasdaq-listed firms may soon step up purchases if current trends persist.
Sector Breakdown Highlights Energy Strength
During the most recent week, four of the 11 S&P 500 sectors posted bullish eight-week ratios—defined by Vickers as levels below 2.00. None of the sectors registered bearish readings. Among the bullish group, the Energy sector produced a ratio of 0.3, indicating significantly more insider purchases than sales. The low figure points to heightened confidence among executives and board members at energy companies, contrasting with the restrained posture seen in most other industries.
Related Equity Research and Trade Insights
Vickers’ update coincided with a series of analyst publications dated December 23, 2025:
- An Upgrade Analyst Report on Conagra Brands, Inc. (CAG).
- A Daily Spotlight noting U.S. third-quarter gross domestic product growth of 4.3%.
- The TGT Daily brief.
- The weekly list of Top Buyers & Sellers, covering insider activity through December 23.
- Company-specific research on IMNM, WTM, ASAN, AVGO, JBL, AZO and XZO.
- Analyst coverage updates for General Mills, Inc. (GIS) and Dominion Energy, Inc. (D).
Why Insider Ratios Matter
Sell-to-buy ratios track the number of shares corporate insiders sell versus the number they purchase over a set period. Because insiders typically have superior knowledge of their companies’ prospects, many investors monitor these figures for clues about future performance. The U.S. Securities and Exchange Commission requires insiders to file Form 4 disclosures within two business days of any transaction, making the underlying data publicly available. More information about those filings can be found directly on the SEC’s official website.
Current Takeaway
With the composite eight-week indicators comfortably neutral and only one short-term Nasdaq reading approaching a bullish threshold, Vickers’ latest report suggests insiders overall remain hesitant to commit fresh capital. The Energy sector is the main exception, showing clear buying momentum. Absent a broader shift—either a sustained rise in buying or a pronounced jump in selling—insider sentiment is likely to remain an incremental rather than decisive influence on market direction as 2025 draws to a close.
Crédito da imagem: Vickers Stock Research