The Nasdaq 100 closed higher by more than 200 points on Thursday. 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.
DocuSign
- The Trade: DocuSign, Inc. (NASDAQ:DOCU) President and CEO Allan C. Thygesen sold a total of 8,086 shares at an average price of $56.16. The insider received around $454,110 from selling those shares.
- What's Happening: On April 12, UBS analyst Karl Keirstead upgraded DocuSign from Sell to Neutral and raised the price target from $48 to $62.
- What DocuSign Does: DocuSign offers the Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device.
Have a look at our premarket coverage here
Snap
- The Trade: Snap Inc. (NYSE:SNAP) General Counsel Michael J. O'Sullivan sold a total of 18,000 shares at an average price of $15.10. The insider received around $271,802 from selling those shares.
- What's Happening: On April 25, Snap reported quarterly earnings of 3 cents per share, which beat the analyst consensus estimate of a loss of 5 cents per share.
- What Snap Does: Snap owns one of the most popular social networking apps, Snapchat, claiming more than 400 million daily active users as of the end of 2023.
Coinbase Global
- The Trade: Coinbase Global, Inc. (NASDAQ:COIN) President and COO Emilie Choi sold a total of 9,500 shares at an average price of $209.40. The insider received around $1.99 million from selling those shares.
- What's Happening: On May 2, Coinbase Global reported upbeat sales for its first quarter. The company reported GAAP EPS of $4.40..
- What Coinbase Global Does: Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States.
DoorDash
- The Trade: DoorDash, Inc. (NASDAQ:DASH) CFO Ravi Inukonda sold a total of 7,000 shares at an average price of $130.95. The insider received around $916,654 from selling those shares.
- What's Happening: On May 1, DoorDash reported mixed first-quarter financial results.
- What DoorDash Does: Founded in 2013 and headquartered in San Francisco, DoorDash is an online food order demand aggregator. Consumers can use its app to order food on-demand for pickup or delivery from merchants mainly in the US.
納斯達克100指數週四收盤上漲超過200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。
文檔簽名
- 交易：DocuSign, Inc.（納斯達克股票代碼：DOCU）總裁兼首席執行官艾倫·泰格森共出售了8,086股股票，平均價格爲56.16美元。知情人士通過出售這些股票獲得了約454,110美元。
- 發生了什麼：4月12日，瑞銀分析師卡爾·基爾斯特德將DocuSign從賣出上調至中性，並將目標股價從48美元上調至62美元。
- DocuSign的功能：DocuSign提供協議雲，這是一套廣泛的基於雲的軟件套件，使用戶能夠自動化協議流程，並通過幾乎任何設備提供具有法律約束力的電子簽名。
在這裏看看我們的上市前報道
拍攝
- 交易：Snap Inc.（紐約證券交易所代碼：SNAP）總法律顧問邁克爾·奧沙利文共出售了18,000股股票，平均價格爲15.10美元。知情人士通過出售這些股票獲得了約271,802美元。
- 發生了什麼：4月25日，Snap公佈的季度收益爲每股3美分，超過了分析師普遍預期的每股虧損5美分。
- Snap的所作所爲：Snap擁有最受歡迎的社交網絡應用程序之一Snapchat，截至2023年底，該應用程序聲稱每日活躍用戶超過4億。
Coinbase 全球
- 交易：Coinbase Global, Inc.（納斯達克股票代碼：COIN）總裁兼首席運營官艾米麗·崔以209.40美元的平均價格共出售了9,500股股票。知情人士通過出售這些股票獲得了約199萬美元。
- 發生了什麼：5月2日，Coinbase Global公佈了其第一季度的樂觀銷售額。該公司公佈的GAAP每股收益爲4.40美元。
- Coinbase Global做什麼：Coinbase成立於2012年，是美國領先的加密貨幣交易平台。
DorDash
- 交易：DoorDash, Inc.（納斯達克股票代碼：DASH）首席財務官拉維·伊努康達共出售了7,000股股票，平均價格爲130.95美元。知情人士通過出售這些股票獲得了約916,654美元。
- 發生了什麼：5月1日，DoorDash公佈的第一季度財務業績喜憂參半。
- DoorDash做什麼：DoorDash成立於2013年，總部位於舊金山，是一家在線食品訂單需求聚合商。消費者可以使用其應用程序按需訂購食物，以便從主要在美國的商家那裏取貨或送貨。
