HP, Amazon And 2 Other Stocks Insiders Are Selling
Portfolio Pulse from Lisa Levin
Insiders at HP Inc. (HPQ), Amazon.com Inc. (AMZN), Best Buy Co., Inc. (BBY), and Salesforce, Inc. (CRM) have recently sold significant amounts of shares. HP's 10% owner Warren E. Buffett sold shares worth around $129.21 million, Amazon's CEO of Web Services Adam Selipsky sold shares worth around $135,140, Best Buy's Todd Hartman sold shares worth around $907,317, and Salesforce's Chair and CEO Marc Benioff sold shares worth around $3.14 million.
September 25, 2023 | 12:32 pm
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NEGATIVE IMPACT
Amazon's CEO of Web Services Adam Selipsky sold shares worth around $135,140.
The sale of shares by a high-ranking executive could indicate a lack of confidence in the company's prospects, potentially leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Best Buy's Todd Hartman sold shares worth around $907,317.
The sale of shares by an insider could indicate a lack of confidence in the company's prospects, potentially leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Salesforce's Chair and CEO Marc Benioff sold shares worth around $3.14 million.
The sale of shares by a high-ranking executive could indicate a lack of confidence in the company's prospects, potentially leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
HP's 10% owner Warren E. Buffett sold shares worth around $129.21 million.
The sale of a significant amount of shares by a major owner could indicate a lack of confidence in the company's prospects, potentially leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100