Tech Insider Buying Scan
Tech Insider Buying Scan
Insider buying drought across tech is severe: only 3 names out of 44 have net positive insider activity. ASAN is the lone golden signal (RSI 15 + $8.3M buying). TSLA has $192M buying (likely Elon) but fundamentals mixed. CRSP is the quiet biotech-adjacent buy. Meanwhile, 41 tech names show net insider selling — insiders are not buying their own dips despite widespread oversold conditions.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🔴 EXTREME INSIDER SELLING ACROSS TECH — 3 buyers vs 41 sellers. Insiders are running, not buying the dip. |
| Key Insight | The *absence* of insider buying during a -20% to -40% drawdown in quality tech is itself a signal. Either insiders know something (bearish), or they're restricted by blackout windows (neutral). ASAN stands out precisely because someone IS buying. |
| Buyers | ASAN (+$8.3M, RSI 15), TSLA (+$192M, RSI 50), CRSP (+$26.6M, RSI 50) |
| Biggest Sellers | AMZN (-$10.9B), PLTR (-$3.4B), NVDA (-$3.0B), PANW (-$1.8B), ANET (-$1.3B), INTU (-$1.3B), AVGO (-$1.1B) |
🏆 Golden Opportunities (RSI < 30 + Insider Buying)
| Stock | Price | RSI | 30D% | Insider Net | Composite | Signal | Thesis |
|---|---|---|---|---|---|---|---|
| ASAN | $9.91 | 15 ↓ | -23.1% | +$8.3M | 🟢 Bullish | 🏆 GOLDEN | Work management SaaS at multi-year lows. Insiders buying into capitulation. 100% earnings beat rate. Small-cap risk but strongest conviction signal in all of tech. |
🟢 Insider Buying (Net Positive)
| Stock | Price | RSI | 30D% | Insider Net | Composite | Beat Rate | Signal |
|---|---|---|---|---|---|---|---|
| TSLA | $392.43 | 50 | -3.3% | +$192.0M | 🟡 Neutral | 25% | 🟢 Buying but mixed fundamentals |
| CRSP | $58.04 | 50 | +15.7% | +$26.6M | 🟢 Bullish | N/A | 🟢 Biotech/gene editing, quiet insider confidence |
| ASAN | $9.91 | 15 ↓ | -23.1% | +$8.3M | 🟢 Bullish | 100% | 🏆 Golden — best signal in scan |
Analysis
ASAN is the standout. At RSI 15, it's in extreme capitulation territory — the kind of reading that historically marks bottoms for quality names. The $8.3M in insider buying into this weakness is the strongest conviction signal possible. The risk is that ASAN is small ($3B market cap) and margins are thin, but the insiders clearly disagree with the market's panic.
TSLA has $192M in buying (likely Elon or close associates), but only a 25% earnings beat rate and decelerating revenue. The buying is confidence in the vision, not the near-term fundamentals.
CRSP is biotech (gene editing) with solid insider buying into a name that's already up +15.7% in 30D. More of a momentum confirmation than a dip-buy.
🟡 Mild Insider Activity (Mixed But Notable)
These names have some insider buys mixed with heavier selling — worth monitoring if the buy/sell ratio shifts:
| Stock | Price | RSI | Insider Buys | Insider Sells | Net Value | Beat Rate | Rev Accel |
|---|---|---|---|---|---|---|---|
| AVGO | $320.42 | 33 | 2 | 72 | -$1.1B | 100% | +6.6% |
| CRM | $195.40 | ~45 | 3 | 97 | -$58.9M | 100% | N/A |
| ADBE | $275.07 | ~51 | 2 | 27 | -$43.0M | 100% | N/A |
| AMD | $191.02 | 33 | 2 | 42 | -$294.9M | 75% | N/A |
| PLTR | $147.22 | ~50 | 1 | 99 | -$3.4B | 100% | N/A |
| NOW | $114.74 | ~52 | 1 | 99 | -$108.2M | 100% | N/A |
Key observation: AVGO and AMD both have RSI in the 30s AND at least some insider buying mixed in. These are the names most likely to flip to net-positive if selling abates. AVGO has the strongest fundamentals of the group (100% beat rate, +6.6% revenue acceleration, +28% YoY growth).
🔴 Heavy Insider Selling (Concerning)
These tech names have insiders aggressively selling despite being oversold or near-oversold. This is the most bearish insider signal — selling into weakness:
| Stock | Price | RSI | 30D% | Insider Net | Buys | Sells | Concern Level |
|---|---|---|---|---|---|---|---|
| AMZN | $208.73 | ~50 | -10.4% | -$10.9B | 0 | heavy | 🔴 Massive volume |
| PLTR | $147.22 | ~50 | +5.5% | -$3.4B | 1 | 99 | 🔴 Karp selling relentlessly |
| NVDA | $180.05 | ~48 | +3.4% | -$3.0B | 0 | heavy | 🟡 Routine for Jensen? |
| PANW | $156.10 | 40 | -6.1% | -$1.8B | 0 | heavy | 🔴 Selling into oversold |
| ANET | $133.36 | ~50 | -0.9% | -$1.3B | 0 | 100 | 🔴 Zero buys |
| INTU | $440.22 | ~50 | +20.8% | -$1.3B | 0 | 71 | 🟡 Selling into strength (less concerning) |
| AVGO | $320.42 | 33 | +4.0% | -$1.1B | 2 | 72 | 🟡 Routine mega-cap, some buys |
| SNOW | $165.51 | ~39 | +0.1% | -$1.2B | 0 | heavy | 🔴 No buys at all |
| NET | $178.83 | ~49 | +7.2% | -$733M | 0 | 100 | 🔴 Zero buys |
| DDOG | $120.31 | 43 | +4.0% | -$633M | 0 | 100 | 🔴 Zero buys (key DDOG risk) |
| CRDO | $105.50 | ~39 | N/A | -$539M | 0 | 100 | 🔴 New AI chip name, selling aggressively |
| CRWD | $391.83 | ~49 | -5.7% | -$447M | 0 | heavy | 🟡 Security leader, routine selling |
Sector Heat Map
| Sub-Sector | Buyers | Sellers | Net Posture | Notable |
|---|---|---|---|---|
| SaaS/Cloud | ASAN | DDOG, SNOW, NET, CRM, NOW, INTU, WDAY, OKTA, HUBS | 🔴 Heavy selling | ASAN is the lone buyer |
| Semis | — | NVDA, AVGO, AMD, ANET, CRDO, MRVL, QCOM, ASML | 🔴 Universal selling | Not a single net buyer in semis |
| Cybersecurity | — | PANW, CRWD, ZS, FTNT | 🔴 All selling | Zero insider confidence here |
| AI/Data | — | PLTR, MDB, ESTC, CFLT | 🔴 All selling | PLTR -$3.4B is staggering |
| Mega-cap | TSLA | AAPL, MSFT, GOOGL, AMZN, META | 🟡 Mixed | TSLA buying is Elon-specific |
| Biotech | CRSP | — | 🟢 Only green sector | Gene editing conviction |
Entry Zones (Combining Insider + Technical)
| Priority | Stock | Price | Entry Zone | RSI | Insider | Action | Thesis |
|---|---|---|---|---|---|---|---|
| 🏆 #1 | ASAN | $9.91 | $9.50–10.50 | 15 ↓ | +$8.3M 🟢 | ✅ Strong Buy | Golden signal. Insiders buying capitulation. Size small (volatile). |
| 🟢 #2 | CRSP | $58.04 | $54–58 | 50 | +$26.6M 🟢 | 📈 Accumulate | Gene editing with insider confidence. Already bouncing (+15.7% 30D). |
| 🟡 #3 | AVGO | $320.42 | $300–320 | 33 | Mixed (2 buys) | 📈 Accumulate | Best fundamentals of any oversold name. Some insider buys exist. FQ1 earnings today. |
| 🟡 #4 | AMD | $191.02 | $185–195 | 33 | Mixed (2 buys) | 🔍 Watch | Oversold + some buys, but revenue decelerating. Wait for trend confirmation. |
| ⚠️ | TSLA | $392.43 | N/A | 50 | +$192M 🟢 | 🔍 Watch | Big $ buying but 25% beat rate. More of a vision trade than value. |
Key Takeaways
The insider buying drought is the story. In a normal pullback, you'd see at least 10-15 names with insider buying. We have 3. This is either extreme bearishness from those closest to the business, or a function of earnings blackout periods.
ASAN is the standout trade. RSI 15 + $8.3M buying + 100% beat rate + bullish composite. It's small-cap SaaS with profitability risk, but the insider signal is the strongest in all of tech right now.
Watch for the flip. The most valuable version of this scan is when names like DDOG, AVGO, or AMD shift from net selling to net buying. That would be a powerful buy signal. Monitor weekly.
Semis have zero insider buyers. Despite AVGO at RSI 33 and AMD at RSI 33, not a single semiconductor insider is net buying. This could mean the cycle hasn't bottomed yet, or that blackout windows are in effect pre-earnings.
This scan should run weekly during the current drawdown. The moment insider buying picks up in tech, it'll be one of the strongest buy signals of the year.
Next Actions
| Action | Priority |
|---|---|
| Research ASAN entry — is $9.91 the bottom or a falling knife? | HIGH |
| Monitor AVGO post-earnings for insider activity shift | HIGH |
| Re-run this scan in 1 week to check for new buyers | MEDIUM |
| Add Finviz insider buying screener to weekly workflow | MEDIUM |
| Cross-reference with upcoming earnings dates (blackout window theory) | LOW |
Related
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