What’s Happening: Halliburton reported second-quarter FY23 revenue growth of 14.3% year-over-year to $5.798 billion, missing the consensus of $5.86 billion.The insider received around $383,050 from selling those shares. The Trade: Halliburton Company HAL Senior Vice Pres - Tax Myrtle Jones sold a total of 10,000 shares at an average price of $38.31.network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. What United Airlines Does: United Airlines is a major U.S.What’s Happening: United Airlines reported better-than-expected second-quarter results and issued strong FY23 guidance.The insider received around $256,212 from selling those shares. UAL EVP and CFO Gerald Laderman sold a total of 4,491 shares at an average price of $57.05. The Trade: United Airlines Holdings, Inc.Have a look at our premarket coverage here What Does: Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021.What’s Happening: Amazon reduced the purchase consideration for iRobot’s takeover by 15%.The insider received around $129,266 from selling those shares. AMZN CEO Amazon Web Services Adam Selipsky sold a total of 1,000 shares at an average price of $129.27. For more, check out Benzinga's insider transactions platform. At best, it can lend conviction to a selling decision.īelow is a look at a few recent notable insider sales. Insider sales should not be taken as the only indicator for making an investment or trading decision. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Investors, meanwhile, focused on some notable insider trades. The Nasdaq 100 closed lower on Wednesday.
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