Insiders are quietly buying the "Software Bear Market" while retail panics over Trump Tariffs & AI. Here is what the Form 4 filings actually show.
Lately, it feels like everything is selling off at once. The S&P Software Index is down 32% from its all-time high, the Magnificent 7 are under pressure, and the news is dominated by the fear of AI replacing traditional software and the uncertainty of Trump's Section 122 tariffs. It is a stressful time to hold tech stocks, and the retail panic makes complete sense. But if you look at the raw SEC filings instead of the news headlines, a very different trend is happening behind the scenes. I ran the latest EDGAR filings through MoneySense AI to track insider movements, and here is what is happening: Cluster Buying is Back: In the last two weeks, there has been a massive spike in Code 'P' (Open Market Purchase) transactions among executives in the hardest-hit software companies. Tariffs Don't Scare SaaS: Executives know that while tariffs crush physical supply chains, software margins remain largely untouched by border taxes. The Great Rotation: Insiders are taking advantage of the "AI disruption" selloff to buy back their own stock at a heavy discount. Retail is selling based on the narrative. Insiders are buying based on the balance sheet. What do the insiders know that the market doesn't? If you want to track insider trades or scan the risk factors of your own portfolio automatically, you can use the same AI tool here: MoneySense AI. Stay safe out there and trust the data, not the panic. submitted by /u/arrremayu [link] [comments]