SFM - Amazon F5 And 2 Other Stocks Insiders Are Selling | Benzinga
The Nasdaq 100 closed higher by around 175 points on Wednesday. Investors, meanwhile, focused on some notable insider trades.
When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform.
Sprouts Farmers Market
- The Trade: Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold a total of 11,428 shares at an average price of $82.84. The insider received around $946,746 from selling those shares.
- What's Happening: Sprouts Farmers Market said it will issue financial results for the second quarter, after the closing bell on July 29.
- What Sprouts Farmers Market Does: Sprouts Farmers Market Inc offers a unique specialty grocery experience featuring an open layout with ...