Anthony Hunt, Chief Executive Officer at Repligen (NASDAQ:RGEN), made a large buy and sell of company shares on September 9, according to a new SEC filing.
Michelle Sun Choe, Chief Product Officer at Lululemon Athletica (NASDAQ:LULU), made a large buy and sell of company shares on September 9, according to a new SEC filing.
William M Brown, Executive Chair at L3Harris Technologies (NYSE:LHX), made a large buy and sell of company shares on September 10, according to a new SEC filing.
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
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.