Corporate insiders are loading up on their own shares following banking turmoil - and that's a positive sign for the stock market

• More than 1,000 executives and directors at over 600 companies bought their stock in March.
• That's the most in nearly a year, according to Washington Service data compiled by the Wall Street Journal.
• Insiders at financial firms accounted for more than half of the stock purchases.

Stock purchases by corporate insiders surged amid last month's banking crisis, a potentially bullish sign for the market.

More than 1,000 executives and directors at over 600 companies bought their company's stock in March, the most on both counts since May 2022, according to Washington Service data compiled by the Wall Street Journal.