Accenture, Robinhood And 2 Other Stocks Insiders Are Selling
Portfolio Pulse from Lisa Levin
Insiders at Halliburton (HAL), Pinterest (PINS), Accenture (ACN), and Robinhood Markets (HOOD) have recently sold shares. The reasons for these sales are not clear, but they could be preplanned or due to concerns about the companies' prospects or overpricing. Halliburton and Core Laboratories have announced a strategic alliance, Pinterest has disclosed an international sales partnership with Entravision Communications, Accenture has invested in Aliro Quantum through Accenture Ventures, and Robinhood has been given a Hold rating by Needham analyst John Todaro.
October 17, 2023 | 11:49 am
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Accenture CEO EMEA Jean-Marc Ollagnier sold 6,250 shares. The company has announced a strategic investment in Aliro Quantum.
Insider selling can sometimes indicate a lack of confidence in the company's prospects, which could negatively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Halliburton EVP, Secretary and CLO Van Beckwith sold 5,000 shares. The company has announced a strategic alliance with Core Laboratories.
Insider selling can sometimes indicate a lack of confidence in the company's prospects, which could negatively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Robinhood Chief Creative Officer Baiju Bhatt sold 90,021 shares. Needham analyst John Todaro recently initiated coverage on Robinhood with a Hold rating.
Insider selling can sometimes indicate a lack of confidence in the company's prospects, which could negatively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Former SVP, Products at Pinterest, Naveen Gavini, sold 9,597 shares. The company has disclosed an international sales partnership with Entravision Communications.
Insider selling can sometimes indicate a lack of confidence in the company's prospects, which could negatively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100