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Benzinga's insider trades for Wednesday

05.10.2022

The US crude oil futures traded higher this morning on Wednesday. The investors focused on some notable insider trades.

If insiders sell shares, it indicates their concern in the company's prospects or that they view the stock as overpriced. This signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator of an investment or trading decision. It can lend conviction to a selling decision.

Below is a look at some recent insider sales. You can find more information on Benzinga's insider transactions platform.

Also check this: Snap To Rally 95%? Here are 5 other price target changes for Wednesday.

Here is our premarket coverage here What Alphabet Does: Alphabet is a holding company. Google is a wholly owned internet media giant. More than 85% of the Alphabet revenue comes from online ads, which is why Google generates 99% of its revenue.