Last week, we noted that insiders have been buying.  Fox Business picked up the latest trend.

Individual investors may be wary of the stock market, but corporate insiders are putting their money where their mouths are.  Executives are buying shares of their own companies at levels not seen since last fall.

The amount of shares bought exceeded the amount sold in February, reversing a multi-month slide. The last month in which there were more buys than sells was March of 2008, according to FactSet.

“For the past three to four weeks, we’re seeing increasingly bullish activity across the spectrum,” said Ben Silverman, director of research at InsiderScore.com.  “In a bear market, it’s more valuable to see where insiders are putting their money.  Insiders tend to bullish when others aren’t, and bearish when others aren’t.”

Of course, insiders are human too.  Their buying last fall and March 2008 did not presage any sort of market rally.  Quite the opposite, in fact.

However, I think it is significant that with all the stories of doom in the market and the economy, insiders are stepping up and buying, signifying that the world is not going to end.