7 Stocks Seeing Major Insider Selling: What’s the Hidden Message?

Autozone (AZO)

Image Credit- Google

This was around the same time concerns were rising about slowing growth with the auto parts retailer.

Coinbase Global (COIN)

Image Credit- Google

Bitcoin (CCC:BTC-USD) ETFs, and the heavy “selling on the news” that happened when Bitcoin ETFs received the regulatory green light.

DraftKings (DKNG)

Image Credit- Google

Throughout last year, there was an elevated level of insider selling. C-level executives and board members have sold $175.87 million worth of DKNG in the past year, $88 million of which was sold during Q4 2023.

Dynatrace (DT)

Image Credit- Google

Over the past year, insiders at the performance monitoring software provider have sold a staggering $2.08 billion worth of shares.

Planet Fitness (PLNT)

Image Credit- Google

Last quarter, insiders at the fitness center franchising company sold a total of $66.57 million worth of shares.

Atlassian (TEAM)

Image Credit- Google

This comes as TEAM has soared by more than 60%, climbing to a triple-digit forward valuation because of investors betting that the generative AI trend bodes well for the company’s growth and future profitability.

Zoom Video Communications (ZM)

Image Credit- Google

The recent cashing out may indicate management’s lack of confidence in the stock’s future performance. Yes, Zoom is relatively cheap, at 14.1 times forward earnings.

FOR MORE SUCH STORIES VISIT STOCKTRADERSVIDEOS