Insider Selling
These stocks had the largest insider sales (Form 4 code S) by dollar value in the last 14 days. Selling is much harder to read than buying, because insiders sell for plenty of reasons that have nothing to do with the share price. Our guide covers when a sale is signal and when it is noise. Sales that have been announced but not yet made show up on the Form 144 tracker. You can also compare with recent insider buying.
Total sale value (14d)
50| # | Ticker / Company | Total sale value (14d) |
|---|---|---|
| 1 | $1.87B | |
| 2 | $361.50M | |
| 3 | $314.58M | |
| 4 | $282.36M | |
| 5 | $250.01M | |
| 6 | $230.43M | |
| 7 | $203.41M | |
| 8 | $185.21M | |
| 9 | $182.24M | |
| 10 | $175.57M | |
| 11 | $127.64M | |
| 12 | $127.43M | |
| 13 | $110.41M | |
| 14 | $106.54M | |
| 15 | $103.47M | |
| 16 | $102.65M | |
| 17 | $95.54M | |
| 18 | $81.74M | |
| 19 | $65.48M | |
| 20 | $64.99M | |
| 21 | $64.00M | |
| 22 | $58.09M | |
| 23 | $57.64M | |
| 24 | $56.02M | |
| 25 | $53.53M | |
| 26 | $52.55M | |
| 27 | $51.48M | |
| 28 | $50.73M | |
| 29 | $45.02M | |
| 30 | $44.11M | |
| 31 | $38.79M | |
| 32 | $38.45M | |
| 33 | $37.15M | |
| 34 | $33.97M | |
| 35 | $31.68M | |
| 36 | $31.34M | |
| 37 | $29.98M | |
| 38 | $29.46M | |
| 39 | $25.58M | |
| 40 | $25.20M | |
| 41 | $25.08M | |
| 42 | $25.07M | |
| 43 | $23.31M | |
| 44 | $21.84M | |
| 45 | $19.97M | |
| 46 | $19.92M | |
| 47 | $19.91M | |
| 48 | $19.58M | |
| 49 | $19.03M | |
| 50 | $18.59M |
Why selling reads differently from buying
People buy their own company's stock for one reason and sell it for a dozen. Executives are paid mostly in equity, so selling is how that pay becomes a house deposit, a tax payment or a less concentrated portfolio. On its own, a large sale says little about the price.
Look at the pattern instead of the size. A sale that breaks the insider's usual habits stands out. So do several insiders selling in the same few days, or selling shortly before a known event. Sales under a Rule 10b5-1 plan were scheduled months earlier and tell you almost nothing about timing.