United States Steel, Hibbett And 2 Other Stocks Insiders Are Selling
Portfolio Pulse from Lisa Levin
Insiders at H&R Block, United States Steel, Hibbett, and A. O. Smith have recently sold shares of their companies. H&R Block's CFO sold shares worth $2.21 million, United States Steel's SVP sold shares worth $175,000, Hibbett's SVP and CIO sold shares worth $129,470, and A. O. Smith's Director sold shares worth $205,227. These sales occurred after each company reported strong quarterly results. Insider sales can indicate various sentiments and should not be the sole basis for investment decisions.
November 28, 2023 | 12:42 pm
News sentiment analysis
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NEUTRAL IMPACT
A. O. Smith's Director sold 2,700 shares at $76.01 each, totaling around $205,227, after the company reported better-than-expected financial results.
The director's sale post positive financial results could be part of a planned selling program. The sale is not necessarily indicative of future stock performance and likely has a neutral short-term impact.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Hibbett's SVP and CIO sold 2,200 shares at $58.85 each, totaling around $129,470, after the company reported strong quarterly sales.
The insider sale follows strong quarterly sales, suggesting the sale may not be due to a lack of confidence in the company's future. The short-term impact on the stock is likely neutral.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
H&R Block's CFO sold 46,892 shares at $47.10 each, totaling around $2.21 million, after the company posted upbeat quarterly results.
The CFO's sale of shares following positive earnings could be part of a preplanned strategy or personal financial management. The impact on the stock is likely neutral in the short term as the company's earnings were upbeat.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
United States Steel's SVP sold 5,000 shares at $35.00 each, totaling around $175,000, after the company reported revenues beating consensus.
The SVP's sale might be routine or based on personal financial goals. Given the revenue beat, the sale is unlikely to have a significant negative impact on the stock price in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70