UBER - GameStop CME Group And 2 Other Stocks Insiders Are Selling | Benzinga
The Nasdaq 100 closed higher by around 0.4% 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.
Marathon Digital
- The Trade: Marathon Digital Holdings, Inc. (NASDAQ:MARA) Director Said Ouissal sold a total of 10,217 shares at an average price of $20.50. The insider received around $209,449 from selling those shares.
- What's Happening: On June 4, JP Morgan analyst Reginald Smith maintained Marathon Digital with an Underweight and lowered the price target from ...