HP And 3 Other Stocks Insiders Are Selling
US crude oil futures traded higher this morning on Wednesday. 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. HP The Trade: HP Inc. (NYSE: HPQ ) President and CEO Enrique Lores sold a total of 34,000 shares at an average price of $32.67. The insider received around $1.11 million from selling those shares. What’s Happening: Evercore ISI Group, on Tuesday, downgraded HP from … Full story available on Benzinga.com
HP And 3 Other Stocks Insiders Are Selling
US crude oil futures traded higher this morning on Wednesday. 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. HP The Trade: HP Inc. (NYSE: HPQ ) President and CEO Enrique Lores sold a total of 34,000 shares at an average price of $32.67. The insider received around $1.11 million from selling those shares. What’s Happening: Evercore ISI Group, on Tuesday, downgraded HP from … Full story available on Benzinga.com