WSM - Apple Snap And 2 Other Stocks Insiders Are Selling | Benzinga
The Nasdaq 100 fell slightly on Friday. 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.
Apple
- The Trade: Apple Inc. (NASDAQ:AAPL) Principal Accounting Officer Chris Kondo sold a total of 4,999 shares at an average price of $190.40. The insider received around $951,785 from selling those shares.
- What's Happening: Apple's iPhone 16 Pro Max is expected to feature a battery with increased energy density and a ...