IHS Markit Ltd (NYSE:INFO) company OPIS (Oil Price Information Service) launched an expansion to its daily compliance carbon pricing services. The OPIS Carbon…
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.
After pulling data from Benzinga Pro it seems like during Q2, IHS Markit (NYSE:INFO) earned $275.60 million, a 18.08% increase from the preceding quarter. IHS Markit also posted a total of $1.18 billion in sales, a 5.45% increase since Q1.