There are no two ways around it: Late August has the stock market in a swoon.
Friday's market plunge made the past week the worst for the Dow since the nadir of the financial crisis.
For some chief executives, that means it's time to buy.
Senior leaders at Lending Club and On Deck Capital, which each saw shares hampered by a recent court decision, have been buyers of company shares this month.
At Twitter, execs that were once dumping stock changed their minds and start buying back in as the company's shares test their original float price.
And Elon Musk doubled down on his electric car maker Tesla, in a big way this week.
Business Insider went through Form 4s filings to come up with a list of the insiders buying company stock in hopes that their market timing will make them a bundle in the long-run.
Elon Musk still charged up for Tesla
Tesla CEO Elon Musk made a $20 million bet on his own company this week. On August 19, he bought more than 80,000 shares, or roughly $20 million worth of stock.
It comes after a volatile 30 days for the stock, where Tesla watched shares lose more than 11%. Musk isn't alone with his bullish sentiment, however: one analyst recently boosted the price target for Tesla shares to an eye-popping $465.
Laplanche doubles down on Lending Club after recent drop
Lending Club shares were recently dinged on a court decision that could impact a substantial portion of its business on the East Coast.
But that's not keeping Renaud Laplanche from doubling down. Yesterday, he picked up 50,000 shares in Lending Club, adding to his holdings. Laplanche hasn't sold any stock since the IPO, so far.
A flurry of activity for Twitter's leading flock
Most of the names in the running for Twitter CEO were dumping stock until ex-boss Dick Costolo got the boot in June.
One (Adam Bain) even kept on selling shares. But now the same execs that were selling stock as Twitter prices declined in the first half of the year are jumping back in as the company's shares plummet to float levels.
This includes Jack Dorsey, who was unloading Twitter shares earlier this year. A Twitter rep said many of the stock sales from execs were automatic to cover taxes.
See the rest of the story at Business Insider