Amazon, GameStop And 2 Other Stocks Insiders Are Selling
Portfolio Pulse from Lisa Levin
Insiders at Amazon, GameStop, Kellogg, and DocuSign have recently sold significant amounts of shares. Amazon's CEO of Web Services sold 1,000 shares, GameStop's COO sold 122,073 shares, Kellogg's 10% owner sold 100,000 shares, and DocuSign's President of Field Operations sold 100,315 shares. These sales could indicate concerns about the companies' prospects or that the insiders view the stocks as overpriced.
July 11, 2023 | 12:12 pm
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NEGATIVE IMPACT
Amazon's CEO of Web Services sold 1,000 shares. This could indicate concerns about the company's prospects or that the stock is overpriced.
Insider selling can often be a sign of concern about a company's prospects or a belief that the stock is overpriced. Given the position of the seller, this could have a negative impact on Amazon's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
DocuSign's President of Field Operations sold 100,315 shares. This could indicate concerns about the company's prospects or that the stock is overpriced.
Insider selling can often be a sign of concern about a company's prospects or a belief that the stock is overpriced. Given the position of the seller, this could have a negative impact on DocuSign's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
GameStop's COO sold 122,073 shares. This could indicate concerns about the company's prospects or that the stock is overpriced.
Insider selling can often be a sign of concern about a company's prospects or a belief that the stock is overpriced. Given the position of the seller, this could have a negative impact on GameStop's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Kellogg's 10% owner sold 100,000 shares. This could indicate concerns about the company's prospects or that the stock is overpriced.
Insider selling can often be a sign of concern about a company's prospects or a belief that the stock is overpriced. Given the position of the seller, this could have a negative impact on Kellogg's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100