VINE - Lattice Semiconductor Navitas Semiconductor And 2 Other Stocks Insiders Are Selling | Benzinga
The Nasdaq 100 closed slightly higher 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.
Navitas Semiconductor
- The Trade: Navitas Semiconductor Corporation (NASDAQ: NVTS) CEO and President Eugene Sheridan sold a total of 33,532 shares at an average price of $8.61. The insider received around $288,714 from selling those shares.
- What’s Happening: Navitas Semiconductor ...