Nasdaq, J.B. Hunt Transport And 2 Other Stocks Insiders Are Selling
Portfolio Pulse from Lisa Levin
Insiders at Nasdaq, J.B. Hunt Transport, Targa Resources, and Cohen & Steers have recently sold shares. Nasdaq's EVP sold 5,100 shares following a Q2 revenue increase. J.B. Hunt Transport's EVP and COO sold 3,716 shares after reporting downbeat Q2 results. Targa Resources' Senior VP and CAO sold 2,184 shares after Morgan Stanley maintained an Overweight rating but lowered the price target. Cohen & Steers' Chief Accounting Officer sold 1,950 shares following a decline in Q2 EPS.
July 26, 2023 | 12:03 pm
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NEGATIVE IMPACT
Cohen & Steers' Chief Accounting Officer sold 1,950 shares following a decline in Q2 EPS.
The insider sale following a decline in Q2 EPS could indicate a lack of confidence in the company's near-term prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
J.B. Hunt Transport's EVP and COO sold 3,716 shares after reporting downbeat Q2 results.
The insider sale following downbeat Q2 results could indicate a lack of confidence in the company's near-term prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Nasdaq's EVP sold 5,100 shares following a Q2 revenue increase.
Insider selling can sometimes indicate a lack of confidence in the company's future prospects. However, it's also possible that this was a preplanned sale.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Targa Resources' Senior VP and CAO sold 2,184 shares after Morgan Stanley maintained an Overweight rating but lowered the price target.
The insider sale following a lowered price target from Morgan Stanley could indicate a lack of confidence in the company's near-term prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100