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.
The world's largest logistics warehouse operator said publicly on Friday what everyone has sensed and experienced for many months: There is no more space to be had, at least right now.
Companies Reporting Before The Bell
• Truist Financial (NYSE:TFC) is projected to report quarterly earnings at $1.21 per share on revenue of $5.53 billion.
Over the past 3 months, 12 analysts have published their opinion on Prologis (NYSE:PLD) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.