Technology company insiders are buying shares of their own companies at the fastest pace ever recorded, even though most investors are still cautious about the sector. According to SentimenTrader, 28 executives from companies included in the Technology Select Sector SPDR Fund (XLK) have bought stock on the open market over the past six months. Notably, that number has doubled since the start of 2026.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
This increase in insider buying is happening as many well-known technology companies have dropped from their mid-May highs or have simply not kept up with the broader market this year. Indeed, although tech stocks surged due to the excitement around AI, investors are now slowing down and taking a closer look at company valuations. In particular, they are questioning whether the huge amounts of money being spent on data centers will actually lead to strong enough returns in the future.
