Meta Platforms, Qualcomm And 2 Other Stocks Insiders Are Selling
Portfolio Pulse from Lisa Levin
Insiders at Meta Platforms, Dell Technologies, Global Payments, and Qualcomm have recently sold significant amounts of shares. This could indicate concerns about the companies' prospects or that the insiders view the stocks as overpriced. However, insider sales should not be the sole indicator for investment decisions. Meta is launching a web version of its Threads app, Dell is ramping up its AI server builds, Global Payments reported strong Q2 earnings and raised its FY23 guidance, and Qualcomm is required to secure EU antitrust consent for its acquisition of Autotalks.
August 21, 2023 | 12:31 pm
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NEGATIVE IMPACT
Dell's Co-COO sold 191,009 shares. The company is ramping up its AI server builds.
Insider selling could indicate a lack of confidence in the company's prospects, potentially negatively impacting the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Global Payments' Senior EVP and CIO sold 14,502 shares. The company reported strong Q2 earnings and raised its FY23 guidance.
Insider selling could indicate a lack of confidence in the company's prospects, potentially negatively impacting the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Meta's COO sold 4,277 shares. The company is launching a web version of its Threads app.
Insider selling could indicate a lack of confidence in the company's prospects, potentially negatively impacting the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Qualcomm's SVP, Finance and CAO sold 4,752 shares. The company is required to secure EU antitrust consent for its acquisition of Autotalks.
Insider selling could indicate a lack of confidence in the company's prospects, potentially negatively impacting the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100