The Nasdaq climbed by more than 200 points on Tuesday. The investors focused their attention on some notable insider trades.
When 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 for making an investment or trading decision. It can lend conviction to a selling decision.
Below is a look at some recent insider sales. Check This Out: Top 5 Consumer Stocks That May Dip
What is happening to Super Micro Computer in the second quarter and issued third-quarter guidance at the low end or below analyst expectations.
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