The rubber ball that is short-term insider sentiment has bounced yet again. Looking at the one-week sell/buy ratios from Vickers Stock Research, we'll focus initially on the Total ratio, which takes in account insider transactions on all exchanges. On a scale that is bullish below 2.00, neutral between 2.00 and 6.00, and bearish above 6.00, Vickers' Total One-Week Sell/Buy ratio rings in this week 5.33. That is at the high end of the neutral range, but follows readings of 10.25 last week (solidly bearish), 6.34 the week before that (bearish), and 9.66 the week before that (again, solidly bearish). Drilling down on an exchange basis, the results on the NYSE for the last four weeks are a bit calmer, with a currently neutral one-week ratio of 3.90 after readings of 6.25 (bearish), 6.55 (bearish), and 7.95 (a bit deeper into the bearish zone) over the previous weeks. That leaves the Nasdaq, which is indeed 800-pound gorilla in all of this. The Nasdaq one-week ratio is currently 6.46 (bearish), but follows 14.06 last week (very bearish), 6.89 the week before that (bearish), and 15.57 the week before that (again, very bearish). End of day, current insider-sentiment reading are volatile, matching the broader market -- where the VIX Volatility Index is at 18.68 as of this writing, but was as low as 14.58 on January 24 and as high as 22.51 on January 27. There are multiple catalysts impacting equity markets and insider-sentiment readings reflect that volatile state of affairs. This week, analysts at Vickers highlighted insider transactions of interest at Midland States Bancorp (NGS: MSBI) and RLI Corp. (NYSE: RLI).

Meta Platforms operates the world's largest family of social networking websites, including the flagship Facebook site, Instagram, Facebook Messenger, WhatsApp, Reels and Threads. The sites enable users to communicate with friends and family by posting to the site; commenting on others' posts; sharing photographs, website links, and videos; and messaging and playing games. The company also partners with application developers to add functionality to the sites, and allows users to pay for virtual goods and services through its Payments function. Meta derives about 55% of its revenue from outside the U.S. and Canada. Facebook/Meta went public on May 18, 2012. Meta Platforms changed its ticker from FB to META on June 9, 2022.

Netflix’s relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.

Netflix’s relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 280 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.