Tech Insider Buys Scan
Tech Insider Buys Scan
Cybersecurity took this book over in a single week, and Zscaler's 19.92% run carried it back above its 200-day average for the first time in this tracked window. CrowdStrike (+14.95%), Palo Alto Networks (+9.96%), Okta (+9.53%) and Fortinet (+8.82%) moved with it — five of the six best weeks in this 42-name universe came from one industry. Two names went the other way and both matter: Constellation Energy collapsed 10.55% and is now negative on the year and 13.0% below its 200-day, and HubSpot fell 5.86% on Friday alone at 7.3 times its normal volume, deepening the worst structural position on this board. Credo, last week's most damaged name, reversed hard and closed exactly on its 200-day.
Data as of the settled Friday 2026-09-18 close. This list carries price and technical evidence; the insider dollar figures cited below come from this session's Form 4 report and are labelled where used.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 A cybersecurity week. Five names in one industry ran 8-20%, two names broke down badly, and the insider-buying list is unchanged at five |
| Insider buying in this universe | All five buying names in the broader tracked universe sit on this list: TSLA +$219.0M, CRSP +$28.1M, ASAN +$8.7M, INTC +$2.4M, TSM +$1.5M |
| Leaders | INTC (1Y +255.3%, 40.8% above its 200-day), AMD (+254.5%, +57.9%), MRVL (+229.0%, +54.2%), BE (+228.1%), FTNT (+109.7%), OKTA (+94.8%, cushion +71.5%), TEAM (cushion +73.0%, the widest here) |
| Laggards | HUBS (1Y -57.9%, 15.1% below its 200-day), INTU (-55.1%, thesis flagged broken, -26.5%), IONQ (-41.4%, -10.8%), ZS (-32.2% despite the big week), ADBE (-32.3%), CEG (-21.1%) |
| Biggest reversal | CRDO — momentum 33.2 → 43.1, month -39.23% → -25.1%, and back from 7.4% below its 200-day to exactly on it |
| Biggest breakdown | CEG — momentum 53.7 → 36.4, year -10.5% → -21.1%, 200-day gap -3.6% → -13.0% |
| Caveat | No news pull on this desk covers this week's cybersecurity run. The pulls for Zscaler, CrowdStrike and Palo Alto all completed September 17 and return quote pages only; the sector earnings prints on record are from early September and predate the move |
| Key insight | The week separated cleanly on the 200-day line: Zscaler and Credo crossed back above theirs, Constellation Energy crossed below, and HubSpot fell further under. Everything else was noise around an unchanged structure |
What's Going On
Cybersecurity was the whole story on the upside. Zscaler closed $197.31, up 19.92% on the week — the largest weekly gain in this universe — and, more consequentially, it went from 3.2% below its 200-day average to 17.2% above it, with its one-year deficit narrowing from -42.6% to -32.2%. CrowdStrike closed $237.65 (+14.95% on the week, +17.86% on the month, 61.7% above its 200-day). Palo Alto Networks $363.58 (+9.96%, cushion out to +51.1% from +40.1%). Okta $182.37 (+9.53%, +29.15% on the month, one-year return up to +94.8% from +81.1%). Fortinet $169.84 (+8.82%, +109.7% on the year). Nothing in this desk's record explains the week: news for Zscaler, CrowdStrike and Palo Alto all completed September 17 and returned only aggregator quote pages, and the dated filings on record are the early-September earnings prints, which predate the run. What is dated and on file is context, not cause — MarketWatch published a piece on September 17 arguing Zscaler had missed the sector's rally and was due its turn, and Semafor reported Friday on a fresh cluster of AI-driven cybersecurity breaches. Neither is a receipt for a specific close.
Constellation Energy is the week's real casualty and it changed category. $254.71, down 10.55% on the week — the worst in this universe — momentum at 36.4, -21.1% on the year and 13.0% below its 200-day average. Seven days ago it read -10.5% on the year and 3.6% below its 200-day, which this scan called "turned weak." Both figures roughly doubled. That is no longer a name cooling inside a trend; it is a long trend under test, and it sits in the AI-power complex the desk tracks elsewhere. News was pulled September 17 and returns quote pages only; the event record holds nothing. The move has no cause on file.
Credo reversed the damage that had been compounding for two weeks. $175.89, up 7.94% on the week, momentum back to 43.1 from 33.2, its thirty-day decline improving to -25.1% from -39.23%, and its price back from 7.4% below its 200-day to exactly on it (0.0%). It is still 43.0% off its 52-week high with a one-year return of just +2.1%, so this is the end of a slide rather than a repair. The September 1 earnings print — a confirmed beat overshadowed by margin and guidance concerns — remains the last dated event on the name.
HubSpot got worse on every measure and had the strangest single day here. $216.12, down 5.86% on Friday alone at 7.3 times its normal volume and 4.09% on the week, momentum 42.1, -57.9% on the year (from -54.6%) and 15.1% below its 200-day (from -12.7%). It is 58.9% off its 52-week high, the deepest drawdown on this board. The news pull completed September 15 and covers nothing in this window; there is no September event on record. A volume spike of that size with no receipt is worth naming and not worth interpreting.
Three names quietly repaired. MongoDB's one-year return went from +9.1% to +21.3% with its cushion widening to +11.4% from +5.6% and its monthly drawdown easing to -12.93% from -17.27%. Datadog's year improved to +68.1% from +59.0%, cushion +28.3%. Arm's year went to +88.1% from +71.2%, cushion +33.0%. All three were on last week's cooling list.
Two long-run comparisons moved on the calendar rather than on price. IonQ's one-year return fell from -21.9% to -41.4% while the stock actually rose 6.48% on the week and improved its 200-day position from -16.6% to -10.8% — the trailing window rolled past a strong base period. Bloom Energy's one-year return fell from +309.8% to +228.1% the same way, with the stock down only 3.67% on the week and still 33.6% above its 200-day. Neither is fresh deterioration; both are worth reading as a lowered bar, not a decline.
Super Micro's structural improvement reversed for a second week. $39.09, down 2.52% on the week, one-year return widening again to -14.9% from -8.8%, with its 200-day cushion easing to +23.7% from +27.3%. Two weeks ago the deficit had nearly closed at -2.7%. The news pull on file does not cover this week; the move has no cause on record.
What Changed Since Prior Scan (2026-09-11 → 2026-09-18)
Prior-week figures are from the September 11 edition of this scan.
| Change | Read |
|---|---|
| ZS crossed back above its 200-day — -3.2% → +17.2%, week +19.92%, year -42.6% → -32.2% | The single largest structural change on this board, with no cause on file |
| CRWD, PANW, OKTA, FTNT all ran with it — +14.95%, +9.96%, +9.53%, +8.82% on the week | Five of the six best weeks in a 42-name universe came from one industry |
| CEG broke down — momentum 53.7 → 36.4, year -10.5% → -21.1%, 200-day -3.6% → -13.0% | Left the "turned weak" bucket for the "under test" bucket in one week |
| CRDO reversed — momentum 33.2 → 43.1, month -39.23% → -25.1%, 200-day -7.4% → 0.0% | Two weeks of compounding damage stopped; the stock closed exactly on its 200-day |
| HUBS deepened — year -54.6% → -57.9%, 200-day -12.7% → -15.1%; Friday -5.86% on 7.3× volume | Deepest structural position here and still widening |
| MDB repaired — year +9.1% → +21.3%, cushion +5.6% → +11.4% | Last week's cooling name turned |
| PANW repaired hard — year +66.7% → +76.8%, cushion +40.1% → +51.1% | The beat-then-sell-off pattern flagged two weeks ago is fully unwound |
| SMCI's deficit widened again — year -8.8% → -14.9%, cushion +27.3% → +23.7% | Second straight week reversing; no cause on file either week |
| IONQ and BE gave back trailing-year gains on the calendar — IONQ -21.9% → -41.4%, BE +309.8% → +228.1% | Window-roll effects; IONQ's 200-day position actually improved and BE stayed 33.6% above its |
| QCOM cooled sharply — momentum 66.3 → 54.0, and it fell 5.82% on Friday at 4.6× normal volume | Last week's near-overbought name; Friday's drop has no event on record |
How To Read The Board
This list is the technology slice of the insider-tracked universe, and it carries price evidence only — the dollar figures for who bought and sold come from the separate Form 4 report and are quoted here only where a name overlaps. Those figures move slowly and several have been frozen for weeks; a frozen number is a report artifact, not a fresh signal, and none of the five buying figures on this list changed value this week. On the price side, the column that decides whether a drawdown is opportunity or damage is the pair at the right: a name above its 200-day with a positive one-year return is in a pullback inside an intact trend, and a name below its 200-day with a negative year has a trend genuinely under test. Trailing one-year returns also drift purely because the comparison date moves — IonQ and Bloom Energy both fell sharply on that measure this week while their prices rose or barely moved — so a one-year change is read alongside the 200-day position, never alone. Where a move has no news receipt covering it, this scan says so; a stale pull is never evidence that nothing happened.
Price Table
Insider Buying (dollar figures from this session's Form 4 report)
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 1Y | vs SMA200 | Insider Net | Signal |
|---|---|---|---|---|---|---|---|---|---|
| TSLA | $364.27 | 53.8 | +1.3% | -0.32% | +3.75% | -12.61% | -8.3% | +$219.0M | 🟡 Largest buying figure, weakest structure |
| CRSP | $56.56 | 55.2 | +1.0% | +9.36% | -5.43% | -10.14% | +6.1% | +$28.1M | 🟢 Best week of the five |
| ASAN | $9.51 | 52.7 | 0.0% | +8.44% | -0.63% | -33.82% | +9.7% | +$8.7M | 🟢 Sitting exactly on its 20-day |
| INTC | $108.60 | 61.7 | +13.3% | +5.5% | +17.03% | +255.25% | +40.8% | +$2.4M | 🟢 Buying plus the strongest year here |
| TSM | $434.67 | 56.9 | +2.9% | +0.33% | +5.48% | +61.80% | +14.6% | +$1.5M | 🟢 Intact |
Cybersecurity — The Week's Movers
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 1Y | vs SMA200 | Signal |
|---|---|---|---|---|---|---|---|---|
| ZS | $197.31 | 63.3 | +10.1% | +19.92% | +6.89% | -32.22% | +17.2% | 🟢 Crossed back above its 200-day |
| CRWD | $237.65 | 60.4 | +10.1% | +14.95% | +17.86% | +89.12% | +61.7% | 🟢 Strong on every window |
| PANW | $363.58 | 53.1 | +2.6% | +9.96% | +1.06% | +76.77% | +51.1% | 🟢 Fully repaired |
| OKTA | $182.37 | 61.5 | +9.6% | +9.53% | +29.15% | +94.84% | +71.5% | 🟢 Second-widest cushion here |
| FTNT | $169.84 | 58.0 | +4.8% | +8.82% | +11.12% | +109.70% | +49.1% | 🟢 Intact and extending |
Software / Data — Below RSI 50
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 1Y | vs SMA200 | Thesis | Signal |
|---|---|---|---|---|---|---|---|---|---|
| CEG | $254.71 | 36.4 | -8.3% | -10.55% | -7.1% | -21.07% | -13.0% | — | 🔴 Broke down; worst week here |
| INTU | $303.19 | 38.0 | -10.0% | -5.72% | -16.35% | -55.08% | -26.5% | broken | 🔴 Flagged broken, still worsening |
| HUBS | $216.12 | 42.1 | -10.5% | -4.09% | -10.56% | -57.88% | -15.1% | priced | 🔴 Deepest damage; Friday -5.86% on 7.3× volume |
| ADBE | $248.92 | 42.4 | -7.5% | -1.31% | -8.64% | -32.26% | -6.1% | — | 🔴 Under test |
| CRDO | $175.89 | 43.1 | -6.9% | +7.94% | -25.1% | +2.08% | 0.0% | — | 🟡 Reversed; sitting on its 200-day |
| AVGO | $357.61 | 45.5 | -0.5% | -1.21% | -1.34% | +3.55% | -3.1% | intact | 🟡 Right at its test line |
| AMZN | $253.71 | 48.0 | -0.9% | -1.2% | -4.56% | +9.72% | +5.6% | intact | 🟢 Mild pullback |
| ASML | $1,679.28 | 48.5 | -0.6% | -1.12% | -4.14% | +81.00% | +11.2% | — | 🟢 Pullback, trend intact |
| MDB | $383.56 | 48.5 | -3.0% | +5.89% | -12.93% | +21.26% | +11.4% | — | 🟢 Repaired this week |
| IONQ | $39.13 | 48.7 | -0.4% | +6.48% | -9.76% | -41.43% | -10.8% | priced | 🔴 Year rolled down; 200-day position improved |
| DDOG | $229.92 | 48.9 | +1.6% | +3.94% | -1.54% | +68.06% | +28.3% | intact | 🟢 Repaired this week |
Neutral / Extending (RSI 50+)
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 1Y | vs SMA200 | Signal |
|---|---|---|---|---|---|---|---|---|
| AMD | $559.82 | 65.4 | +14.1% | +8.46% | +20.02% | +254.50% | +57.9% | 🟢 Strongest combination here |
| META | $665.75 | 65.8 | +8.3% | +2.73% | +21.93% | -14.67% | +6.7% | 🟡 Strong month, negative year |
| TEAM | $192.02 | 65.7 | +4.4% | +6.86% | +10.21% | +13.20% | +73.0% | 🟢 Widest cushion on the board |
| AAPL | $336.13 | 64.3 | +4.2% | +1.16% | +6.09% | +41.30% | +17.4% | 🟢 Intact |
| ARM | $275.61 | 57.7 | +10.6% | +4.09% | +10.54% | +88.08% | +33.0% | 🟢 Improved; extended over its 20-day |
| NET | $323.60 | 57.9 | +7.4% | +5.57% | +10.87% | +44.74% | +42.0% | 🟢 Intact |
| MRVL | $244.25 | 58.0 | +7.4% | +3.45% | +2.94% | +229.04% | +54.2% | 🟢 Intact |
| BE | $265.63 | 57.5 | +10.5% | -3.67% | +28.55% | +228.06% | +33.6% | 🟢 Year rolled down, structure intact |
| PLTR | $177.64 | 57.0 | +1.0% | +6.22% | +1.4% | +0.38% | +17.1% | 🟢 Flat year, cushion intact |
| ANET | $199.39 | 55.8 | +2.9% | -0.1% | +6.94% | +35.95% | +28.5% | 🟢 Intact |
| SMCI | $39.09 | 55.4 | +3.2% | -2.52% | +6.86% | -14.91% | +23.7% | 🟡 Deficit widened for a second week |
| GOOGL | $349.54 | 55.0 | +2.3% | +3.26% | +1.4% | +38.69% | +3.6% | 🟢 Intact |
| SNOW | $332.43 | 54.0 | +1.1% | +1.05% | +2.28% | +49.67% | +49.3% | 🟢 Intact |
| QCOM | $177.72 | 54.0 | +3.2% | -2.34% | +9.76% | +5.70% | +5.4% | 🟡 Cooled hard; -5.82% Friday on 4.6× volume |
| NVDA | $222.27 | 54.2 | +1.5% | +1.82% | +2.16% | +26.12% | +12.0% | 🟢 Intact |
| ESTC | $86.96 | 53.9 | -0.8% | +4.28% | -0.44% | -2.99% | +35.2% | 🟡 Flat year, wide cushion |
| WDAY | $193.87 | 53.8 | -0.3% | +4.4% | -2.29% | -16.97% | +22.1% | 🟡 Negative year, wide cushion |
| VEEV | $260.21 | 53.7 | -2.2% | -0.83% | +3.67% | -6.76% | +30.6% | 🟡 Flat year, wide cushion |
| CRM | $237.92 | 53.2 | -2.2% | -3.96% | +15.44% | -2.60% | +18.0% | 🟡 Strong month, flat year |
| MSFT | $493.78 | 53.1 | -0.7% | -0.37% | +1.96% | -2.89% | +14.4% | 🟡 Flat year, cushion intact |
| NOW | $135.47 | 52.9 | -0.9% | +2.22% | +6.5% | -28.53% | +15.4% | 🟡 Negative year over a positive cushion |
Tier Analysis
Capitulation (RSI below 25): None.
Oversold (RSI 25-40): CEG (36.4) and INTU (38.0). Two names, and both are below their 200-day with double-digit negative years — damage, not discount. Last week this tier held only Credo (33.2), which has since reversed out of it. The change in membership is the point: a name that was cheap because it fell hard on an earnings print has been replaced by a name that was not cheap a week ago and now is.
Neutral / Strong (RSI 40+): The remaining 40 names, topped by META (65.8), TEAM (65.7), AMD (65.4), AAPL (64.3) and ZS (63.3). Nothing in this universe reached 70; the board is extended in places but not overbought anywhere.
Entry Zones
Conditions, not advice.
| Stock | Entry Zone | Thesis |
|---|---|---|
| INTC | Current $108.60; 20-day at $95.87, 200-day at $77.16 | The only name here carrying insider buying alongside a +255.3% year and a 40.8% cushion. It is 13.3% above its own 20-day, so a pullback toward $95.87 is the condition, not this price |
| ASML | Current $1,679.28; 200-day at $1,509.47, support shelf $1,480.58 | +81.0% year, 11.2% cushion, pulled back slightly under its 20-day. The cleanest deep-pullback shape here |
| MDB | Current $383.56; 200-day at $344.39, support shelf $339.03 | Down 12.93% on the month inside a +21.3% year that improved this week |
| DDOG | Current $229.92; 200-day at $179.23 | +68.1% year with a 28.3% cushion, both improved this week. No discount at this price |
| CRDO | Watch the 200-day it is sitting on; current $175.89 | Two weeks of damage stopped exactly at the line. Holding it would confirm the reversal; losing it resumes the slide |
| AVGO | Current $357.61; 200-day at $369.10 | Three weeks within 3% of its 200-day with a +3.6% year. The reclaim is the condition |
| ZS | Current $197.31; 200-day at $168.31, 20-day at $179.16 | Crossed back above its 200-day on a 19.92% week with no cause on file and a year still -32.2%. Verify before treating the cross as a repair |
| CEG, HUBS, INTU, IONQ, ADBE | Not zones — under test or broken | All below their 200-day with negative years. Intuit's thesis flag has never been cleared |
Action Matrix
| Stock | Signal | Action | Notes |
|---|---|---|---|
| INTC | 🟢 | 📈 Accumulate | Insider buying plus the strongest year here; extended over its 20-day right now |
| TSM, CRSP, ASAN | 🟢 | 🔍 Watch | The rest of the buying list; all five figures are carried, not fresh |
| TSLA | 🟡 | 🔍 Watch | Biggest buying figure on the weakest structure — 8.3% below its 200-day |
| AMD, MRVL, CRWD, FTNT, OKTA, TEAM, NET, SNOW, ARM | 🟢 | 🔒 Hold | Strongest intact trends here; cushions of 33% to 73% |
| PANW | 🟢 | 🔒 Hold | Fully repaired from the beat-then-sell-off pattern |
| ZS | 🟡 | 🔍 Watch | Biggest week and the biggest structural change, with no cause on record and a -32.2% year |
| MDB, DDOG, ASML | 🟢 | 📈 Accumulate | Monthly drawdowns inside intact, improving trends |
| CRDO | 🟡 | 🔍 Watch | Sitting exactly on its 200-day after reversing two weeks of damage |
| AVGO | 🟡 | 🔍 Watch | The most undecided trend here; $369.10 is the line |
| CEG | 🔴 | 🚨 Alert | Worst week here; year and 200-day both broke down with nothing on file |
| HUBS | 🔴 | ❌ Don't buy | -57.9% on the year and widening; Friday's 7.3× volume has no explanation on record |
| INTU | 🔴 | ❌ Don't buy | Thesis flagged broken; fifth straight week deteriorating |
| IONQ, ADBE | 🔴 | ⚠️ Avoid | Negative years below their 200-days |
| SMCI | 🟡 | 🔍 Watch | Second straight week of a reopening one-year deficit, no cause either week |
| QCOM | 🟡 | 🔍 Watch | Fell 5.82% Friday on 4.6× normal volume with no event on record |
| META | 🟡 | 🔍 Watch | +21.93% month against a -14.67% year — the widest disagreement between windows here |
What To Watch Next
- Does the cybersecurity run hold a second week? Five names ran 8-20% with nothing on this desk's record behind it. Zscaler is the test: it crossed its 200-day at $168.31 on this move, and a year still -32.2% means one week does not settle anything.
- Constellation Energy. It went from mildly weak to -21.1% on the year and 13.0% below its 200-day in seven days with no cause on file. The power complex needs an answer on this name.
- Credo's 200-day. It closed exactly on the line after two weeks of compounding damage. Hold it and the reversal is real; lose it and the slide resumes from a lower base.
- HubSpot's Friday volume. A 5.86% drop at 7.3 times normal volume in the most broken name on this board, with no receipt. Either something surfaces or the number stands unexplained.
- Whether Super Micro's deficit keeps reopening. Two straight weeks widening after nearly closing, both without a driver on record.
- Broadcom's $369.10. Three weeks of hovering within 3% of the line with a flat year.
Sources: tech-insider-buys (all 42 rows, latest bar 2026-09-18 — every price, momentum, moving-average and return figure above); the desk's own tooling, run this session 2026-09-18 (the five insider dollar figures only); 2026-09-11-tech-insider-buys (prior-week comparison values); dated context, cited as context and not as cause — 2026-09-17-marketwatch-this-is-the-only-cybersecurity-stock-that-can-post-big-gains--mktw-0005238557 and 2026-09-18-semafor-ai-cybersecurity-risks-explode-as-claude-used-to-break-into--eak-into-chatgpt; news receipts checked and found to predate the moves described — latest, .../CRWD/news/latest.json, .../CEG/news/latest.json, .../QCOM/news/latest.json (all pulled 2026-09-17), .../HUBS/news/latest.json and .../OKTA/news/latest.json (pulled 2026-09-15); research/stock-events/ checked and holds no 2026-09-18 entries, with the last entries for this universe being the early-September earnings prints (2026-09-01-crwd-earnings.md, 2026-09-02-zs-earnings.md, 2026-09-03-zs-earnings.md).
Related
9 eventsNo direct external sources are attached to this read.