Microsoft, Motorola Solutions And These 3 Other Stocks Insiders Are Selling

US crude oil futures traded higher this morning on Monday. Investors, meanwhile, focused on some notable insider trades.

When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. 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.


Microsoft

  • The Trade: Microsoft Corporation MSFT EVP, Chief Commercial Officer Judson Althoff sold a total of 24,144 shares at an average price of $254.27. The insider received around $6.14 million from selling those shares.
  • What’s Happening: Microsoft agreed to buy a massive amount of clean energy to power a data center in Ireland, Bloomberg reported.
  • What Microsoft Does: Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite.

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Walmart

  • The Trade: Walmart Inc. WMT Director Robson Walton sold a total of 1,992,000 shares at an average price of $152.33. The insider received around $272.22 million as a result of the transaction.
  • What’s Happening: Walmart recently reported better-than-expected Q3 results and raised its outlook.
  • What Walmart Does: Walmart, founded in 1945, engages in the operation of retail, wholesale, and other units worldwide.

Have a look at our premarket coverage here .


Pinterest

  • The Trade: Pinterest, Inc. PINS Director Jeffrey Jordan sold a total of 7,500 shares at an average price of $25.11. The insider received around $188.32 thousand from selling those shares.
  • What’s Happening: Pinterest shut down its Creator Rewards program that allowed creators to earn money by creating content around monthly prompts and achieving specific engagement goals.
  • What Pinterest Does: Pinterest, headquartered in San Francisco, California, operates as a visual discovery engine in the United States and internationally.

 

Cisco Systems

  • The Trade: Cisco Systems, Inc. CSCO EVP & CFO Richard Scott Herren sold a total of 98,342 shares at an average price of $50.03. The insider received around $4.92 million from selling those shares.
  • What’s Happening: Cisco recently reported better-than-expected Q1 results.
  • What Cisco Does: Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world.

 

Motorola Solutions

  • The Trade: Motorola Solutions, Inc. MSI Chairman and CEO Gregory Q Brown sold a total of 34,000 shares at an average price of $268.27. The insider received around $9.12 million from selling those shares.
  • What’s Happening: Motorola Solutions, last month, reported better-than-expected Q3 adjusted results and issued FY22 adjusted EPS guidance above estimates.
  • What Motorola Solutions Does: Motorola Solutions, headquartered in Chicago, Illinois, provides mission critical communications and analytics.
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