5 Dividend Stocks Insiders Are Selling

4. Macy’s Inc (NYSE:M)

Number of Hedge Fund Investors: 36

Macy’s Inc (NYSE:M) ranks fourth in our list of the dividend stocks with recent insider selling activity. Macy’s Inc (NYSE:M) CEO Jeffrey Gennette on March 22 offloaded 78,567 shares of Macy’s Inc (NYSE:M) at $20.42 per share. Since then through March 27 the stock is down 1.98%.

Out of the 933 funds tracked by Insider Monkey, 36 hedge funds had stakes in Macy’s Inc (NYSE:M) as of the end of the fourth quarter of 2023.