TJX, Target And 2 Other Stocks Insiders Are Selling
The Nasdaq Composite dipped more than 300 points on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. 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. TJX Companies The Trade: The TJX Companies, Inc. (NYSE: TJX ) Executive Chairman Carol Meyrowitz sold a total of 70,720 shares at an average price of $67.62. The insider received around $4.78 million from selling those shares. What’s Happening: TJX Companies recently reported a second-quarter FY23 sales decline … Full story available on Benzinga.com
TJX, Target And 2 Other Stocks Insiders Are Selling
The Nasdaq Composite dipped more than 300 points on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. 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. TJX Companies The Trade: The TJX Companies, Inc. (NYSE: TJX ) Executive Chairman Carol Meyrowitz sold a total of 70,720 shares at an average price of $67.62. The insider received around $4.78 million from selling those shares. What’s Happening: TJX Companies recently reported a second-quarter FY23 sales decline … Full story available on Benzinga.com