Several analyst firms initiated coverage on Hertz Global Holdings Inc (NASDAQ:HTZ), and Deutsche Bank reinstated it. Deutsche Bank analyst Chris Woronka reinstated…
Gainers
Art's-Way Manufacturing (NASDAQ:ARTW) shares increased by 6.78% to $3.7 during Thursday's after-market session. The market value of their outstanding shares is at $16.7 million.
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.