The Nasdaq 100 closed lower by over 1% during Wednesday's session. Investors, meanwhile, focused on some notable insider trades.
When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Below is a look at a few recent notable insider sales. For more, check out Benzinga's insider transactions platform.
Alphabet
The Trade: Alphabet Inc.
What's Happening:
What Alphabet Does:
Apple
The Trade: Apple Inc.
What's Happening:
What Apple Does:
Bank of America
The Trade: Bank of America Corporation
What's Happening:
What Bank of America Does:
Western Digital
The Trade: Western Digital Corporation
What's Happening:
What Western Digital Does:
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