Press release

Robinhood, Charles Schwab And 2 Other Stocks Insiders Are Selling

The Nasdaq 100 closed higher by over 100 points on Tuesday. Investors, meanwhile, focused on some notable insider trades.

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. 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.

Below is a look at a few recent notable insider sales. For more, check out Benzinga's insider transactions platform.

Robinhood Markets

  • The Trade: Robinhood Markets, Inc. (NASDAQ: HOOD) Chief Legal Officer Daniel M. Gallagher, Jr. sold a total of 12,500 shares at an average price of $9.69. The insider received around $121,179 from selling those shares.
  • What’s Happening: Robinhood reported mixed third-quarter ...

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