Gainers
Nxt-ID, Inc. (NASDAQ: NXTD) shares gained 28.9% to $3.21 after the company said it was awarded U.S. General Services Administration contract to distribute personal emergency response systems to Federal, State and Local government purchasers.
Benzinga Pro data, Conn's (NASDAQ:CONN) reported Q3 sales of $405.46 million. Earnings fell to $18.2 million, resulting in a 51% decrease from last quarter.
Conn's (NASDAQ:CONN) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.59 by 1.69 percent. This is a 140 percent increase over earnings of $0.25 per share from the same period
Gainers
Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ: IINN) shares surged 308.1% to settle at $9.59 on Tuesday after the company signed an agreement with Waas Group for the development 1,040 ART systems in Spain and Portugal.
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.