HP, Microsoft And 2 Other Stocks Insiders Are Selling
Portfolio Pulse from Lisa Levin
Insiders at Microsoft, Snap, Micron Technology, and HP have recently sold shares. Microsoft's Vice Chair and President sold 50,000 shares, Snap's General Counsel sold 13,000 shares, Micron Technology's EVP sold 20,000 shares, and HP's CFO sold 4,165 shares. The reasons for these sales are not clear, but they could be preplanned or due to concerns about the companies' prospects.
August 04, 2023 | 1:10 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
HP's CFO sold 4,165 shares, following mixed Q2 results.
Insider selling can be a negative signal, especially following mixed financial results.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Microsoft's Vice Chair and President sold 50,000 shares. This could indicate concerns about the company's prospects.
Insider selling can be a negative signal about a company's prospects. However, it could also be a preplanned sale.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Micron Technology's EVP sold 20,000 shares, despite the company beating revenue estimates.
Insider selling can be a negative signal, even if the company recently reported positive financial results.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Snap's General Counsel sold 13,000 shares. This follows a recent downgrade from China Renaissance.
Insider selling, combined with a recent downgrade, could be a negative signal for Snap's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100