Snap, Accenture And 2 Other Stocks Insiders Are Selling
Portfolio Pulse from Lisa Levin
Insiders at Trade Desk Inc (TTD), Snap Inc (SNAP), Accenture Plc (ACN), and Cloudflare Inc (NET) have recently sold shares. TTD's CEO sold shares worth $11.2 million, SNAP's General Counsel sold shares worth $129,117, ACN's General Counsel sold shares worth $324,900, and NET's Director sold shares worth $450,091. These sales could indicate concerns about the companies' prospects or that the insiders view the stocks as overpriced.
November 03, 2023 | 12:10 pm
News sentiment analysis
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NEGATIVE IMPACT
Accenture Plc's General Counsel sold shares worth $324,900. This could indicate concerns about the company's prospects or that the stock is overpriced.
Insider selling can be a bearish indicator as it could suggest that insiders believe the stock is overpriced or that the company's prospects are not as good as the market believes.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Cloudflare Inc's Director sold shares worth $450,091. This could indicate concerns about the company's prospects or that the stock is overpriced.
Insider selling can be a bearish indicator as it could suggest that insiders believe the stock is overpriced or that the company's prospects are not as good as the market believes.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Snap Inc's General Counsel sold shares worth $129,117. This could indicate concerns about the company's prospects or that the stock is overpriced.
Insider selling can be a bearish indicator as it could suggest that insiders believe the stock is overpriced or that the company's prospects are not as good as the market believes.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Trade Desk Inc's CEO sold shares worth $11.2 million. This could indicate concerns about the company's prospects or that the stock is overpriced.
Insider selling can be a bearish indicator as it could suggest that insiders believe the stock is overpriced or that the company's prospects are not as good as the market believes.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100