Large corporate officer insider buys and sale = Bearish

A lot of insider selling
by corporate officers.

Insiders receive enough
"free" shares so two or
three sales for each buy
is neutral. I list only large
trades, that are also  
a big percentage of 

total holdings.

For the first half of September
no buys met my definition of
"large", which is 30 percent
or more of holdings,
AND $5 million or more.

Buys overall were for
for unusually small
amounts of money.
Two buys came close,
to my definition,
and September timing,
so I'll mention them,
and I included two sales
of $4.9 million each:

       BUYS:
8/31/20
FRG Franchise Group
   CEO increased holdings +999% ($4.5 mils)

9/2/20
SOC  Smile Direct
   CEO up +877% (10.3 mils.)


   SALES
9/15/20
PCRX Pacira Bioscience
CAO sold 77% of holdings
$4.9 million

STMP  Stamps.com
GC sold 95%
5.4 mils.

INTU  Intuit
EVP sold 30%
6.4 mils.

ORCL  Oracle
EVP sold 63%
11.6 mils.

NKE  Nike
CFO sold 44%
9.1 mils.

9/14/20
OKTA  Okta Corp.
CFO sold 61%
6.3 mils.

NET  Cloudflare
CEO sold 100%
5.6 mils.

QSR  Restaurant Brands
Brand President sold 100%
8.9 mils.

TTC  Toro
CFO sold 34%
6.4 mils.

PTON  Peleton
GC sold 99%
10.7 mils.
President sold 100%
25.4 mils.
COO sold 100%
24.2 mils

PLNT  Planet Fitness
CEO sold 100%
14.8 mils.

TDG   Transdigm Group
COB sold 100%
11.0 mils.

AM  Artero Midstream Partners
CEO sold 77%
46.4 mils.

9/10/20
HD  Home Depot
EVP sold 43%
14.0 mils.

OKTA
TBD sold 75%
10.2 mils.  

INTU  Intuit
EVP sold 35%
11.4 mils.

ROKU
CFO sold 100%
12.2 mils

9/9/20
DXCM  Doxcom
CFO sold 36%
10.0 mils.

ALNY  Alnylam Pharma
President sold 38%
5.5 mils.

CRWD  Crowdstrike
CEO sold 51%
27.0 mils.

DG  Dollar General
EVP sold 51%
5.8 mils.

9/8/20
PINS  Pinterest
CEO sold 100%
8.9 mils.

EA  Electronic Arts
CEO sold 67%
31.2 mils.

ADP  Automatic Data Processing
CEO sold 47%
11.3 mils.

FOCS  Focus Financial
CEO sold 100%
17.4 mils.
COO sold 100%
10.8 mils.
Managing Director sold 100%
5.8 mils.
CFO sold 100%
7.0 mils.

9/3/20
EL Estee Lauder
EVP sold 67%
4.9 mils.

9/2/20
DGX  Quest Diagnostics
SVP sold 45%
6.5 mils.