10 Stocks Insiders Are Selling Like Crazy

Insider sales usually are non-informative. Stocks sold by insiders don’t go down, on the average. This is because most insider sales transactions are done for diversification or demand for liquidity. So, the lists of largest insider sales published in the Wall Street Journal or Barron’s really don’t mean much.

Recent research on insider selling has shown that stocks sold under the 10b5-1 plans have large negative abnormal returns. The magnitude of the abnormal returns is about 70 basis points per month calculated by using Carhart’s four factor model. Insider Monkey, your source for free real-time insider trading data, compiled the list of 10 stocks insiders are selling like crazy under 10b5-1 plans over the past few weeks:

Netflix, Inc. (NASDAQ:NFLX)

1. Netflix (NFLX): Netflix insiders have been exercising their options and selling shares immediately for quite some time now. Theodore Sarandos sold more than 25,000 shares and netted nearly $4 Million in November.  Barry McCarthy exercised 100,000 options and sold them for more than $200 each. He netted more than $17 Million.  You can check other Netflix insider sales here.

2. Keynote Systems Inc (KEYN): Donald Aoki sold more than 75,000 shares this week.  There are several other KEYN insiders selling.

3. MetroPCS Communications Inc (PCS): Roger Linquist sold 40,000 shares under a 10b5-1 plan adopted on November 8th, 2010. There are several other large insider sales in PCS.

4. Nanometrics Inc (NANO): Norman Coates, a director of Nanometrics, sold 50,000 shares under a 10b5-1 plan on Tuesday. Several other insiders sold NANO shares over the past few months.

5. The E. W. Scripps Company (SSP): Richard Boehne sold more than 75,000 shares at $10 under a 10b5-1 plan adopted this summer.   Several other insiders have been selling as SSP climbed more than 30% over the past 3 months.

6. Citrix Systems Inc (CTXS) : David Henshall, the CFO of Citrix, exercised 50,000 options and netted around $1.5 Million under a 10b5-1 plan.  (See other insider sales in CTXS)

7. Sempra Energy (SRE): Debra Reed exercised and sold more than 40,000 options. She netted more than $1 million.

8. Martha Stewart Living Omnimedia Inc (MSO): Martha Stewart sold 83,333 shares under a 10b5-1 plan. We think she is being cautious this time. Charles Koppelman is the only other insider who sold  over the past three months.

9. Varian Medical Systems (VAR): Dow Wilson sold nearly 50,000 shares under a 10b5-1 plan.

10. Qualcomm (QCOM): There are several insiders selling QCOM shares under 10b5-1 plans.   

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

Top 6 Cities For The Ultra Rich to Live in Comfort

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!