The Nasdaq 100 closed lower by over 50 points 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.
Applied Materials
- The Trade: Applied Materials, Inc. (NASDAQ:AMAT) President, Semi. Products Grp. Prabu G. Raja sold a total of 50,000 shares at an average price of $249.17. The insider received around $12.5 million from selling those shares.
- What's Happening: On June 20, B. Riley Securities analyst Craig Ellis maintained Applied Materials with a Buy and raised the price target from $255 to $300.
- What Applied Materials Does: Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world.
Have a look at our premarket coverage here
Pinterest
- The Trade: Pinterest, Inc. (NYSE:PINS) Chief Accounting Officer Andrea Acosta sold a total of 2,564 shares at an average price of $45.00. The insider received around $115,380 from selling those shares.
- What's Happening: On June 14, Piper Sandler analyst Thomas Champion maintained Pinterest with an Overweight and maintained a $52 price target.
- What Pinterest Does: Pinterest is an online product and idea discovery platform that helps users gather ideas on everything from cooking recipes to travel destinations.
Alphabet
- The Trade: Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) CEO Sundar Pichai sold a total of 22,500 shares at an average price of $177.40. The insider received around $3.99 million from selling those shares.
- What's Happening: On June 18, Alphabet subsidiary Waymo released a safety report pegging its autonomous driving technology as better than a human driver, resulting in fewer crashes that cause injuries or even police-reported crashes in San Francisco and Phoenix.
- What Alphabet Does: Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary.
McDonald's
- The Trade: McDonald's Corporation (NYSE:MCD) President, McDonald's USA Joseph M. Erlinger sold a total of 1,098 shares at an average price of $260.00. The insider received around $285,480 from selling those shares.
- What's Happening: On June 21, McDonald's announced a new $5 meal deal to attract price-conscious customers amid rising fast-food prices.
- What McDonald's Does: McDonald's is the largest restaurant owner-operator in the world, with 2023 system sales of $130 billion across nearly than 42,000 stores and 115 markets.
納斯達克100指數週五收盤下跌超過50點。同時,投資者將注意力集中在一些值得注意的內幕交易上。
當內部人士出售股票時,這可能是預先計劃的出售,也可能表明他們對公司前景的擔憂,或者他們認爲股票定價過高。不應將內幕銷售視爲做出投資或交易決策的唯一指標。充其量,它可以爲賣出決策提供信心。
以下是最近一些值得注意的內幕銷售。欲了解更多信息,請訪問Benzinga的內幕交易平台。
應用材料
- 貿易:應用材料公司(納斯達克股票代碼:AMAT)總裁,Semi.產品組Prabu G. Raja共出售了5萬股股票,平均價格爲249.17美元。知情人士通過出售這些股票獲得了約1,250萬美元。
- 發生了什麼:6月20日,B. Riley Securities分析師克雷格·埃利斯維持應用材料公司的買入,並將目標股價從255美元上調至300美元。
- 應用材料公司做什麼:應用材料公司是世界上最大的半導體晶圓製造設備(WFE)製造商。
在這裏看看我們的上市前報道
Pinterest
- 交易:Pinterest, Inc.(紐約證券交易所代碼:PINS)首席會計官安德里亞·阿科斯塔共出售了2564股股票,平均價格爲45.00美元。知情人士通過出售這些股票獲得了約115,380美元。
- 發生了什麼:6月14日,派珀·桑德勒分析師托馬斯·冠軍維持Pinterest的增持,並維持了52美元的目標股價。
- Pinterest 做什麼:Pinterest 是一個在線產品和創意發現平台,可幫助用戶收集從烹飪食譜到旅行目的地等所有方面的想法。
字母表
- 交易:Alphabet Inc.(納斯達克股票代碼:GOOG)(納斯達克股票代碼:GOOG)首席執行官桑達爾·皮查伊共出售了22,500股股票,平均價格爲177.40美元。知情人士通過出售這些股票獲得了約399萬美元。
- 發生了什麼:6月18日,Alphabet子公司Waymo發佈了一份安全報告,稱其自動駕駛技術比人類駕駛員更好,從而減少了舊金山和鳳凰城造成人員受傷的撞車事故甚至警方報告的撞車事故。
- Alphabet做什麼:Alphabet是一家控股公司。互聯網媒體巨頭谷歌是全資子公司。
麥當勞
- 交易:麥當勞公司(紐約證券交易所代碼:MCD)美國總裁約瑟夫·埃林格共出售了1,098股股票,平均價格爲260.00美元。知情人士通過出售這些股票獲得了約285,480美元。
- 發生了什麼:6月21日,麥當勞宣佈了一項新的5美元膳食協議,以在快餐價格上漲的情況下吸引注重價格的顧客。
- 麥當勞做什麼:麥當勞是全球最大的餐館老闆兼運營商,2023年在近42,000家門店和115個市場的系統銷售額爲1300億美元。