X - Dropbox United States Steel And 2 Other Stocks Insiders Are Selling | Benzinga
The Nasdaq 100 closed lower by around 270 points on Tuesday. 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.
United States Steel
- The Trade: United States Steel Corporation (NYSE: X) SVP Adv. Tech. Steelmaking Daniel Brown sold a total of 4,860 shares at an average price of $33.00. The insider received around $160,380 from selling those shares.
- What’s Happening: Morgan Stanley upgraded ...