Tesla, Amazon And 2 Other Stocks Insiders Are Selling
Portfolio Pulse from Lisa Levin
Insiders at Tesla, Amazon, Walmart, and Coinbase Global have recently sold shares. Tesla's SVP, Automotive Xiaotong Zhu sold 2,500 shares, Amazon's CEO Worldwide Amazon Stores Douglas J Herrington sold 4,000 shares, Walmart's Executive Vice President John Rainey sold 1,000 shares, and Coinbase Global's Chief People Officer Lawrence J Brock sold 19,814 shares. The reasons behind these sales are not clear, but they could be due to preplanned sales or concerns about the companies' prospects.
September 07, 2023 | 12:29 pm
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NEGATIVE IMPACT
Amazon's CEO Worldwide Amazon Stores Douglas J Herrington sold 4,000 shares. This could indicate a lack of confidence in the company's prospects.
Insider selling can be a negative signal to the market, potentially indicating a lack of confidence in the company's prospects or a belief that the stock is overpriced.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Coinbase Global's Chief People Officer Lawrence J Brock sold 19,814 shares. This could indicate a lack of confidence in the company's prospects.
Insider selling can be a negative signal to the market, potentially indicating a lack of confidence in the company's prospects or a belief that the stock is overpriced.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Tesla's SVP, Automotive Xiaotong Zhu sold 2,500 shares. This could indicate a lack of confidence in the company's prospects.
Insider selling can be a negative signal to the market, potentially indicating a lack of confidence in the company's prospects or a belief that the stock is overpriced.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Walmart's Executive Vice President John Rainey sold 1,000 shares. This could indicate a lack of confidence in the company's prospects.
Insider selling can be a negative signal to the market, potentially indicating a lack of confidence in the company's prospects or a belief that the stock is overpriced.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100