An insider transaction occurs when a company executive that has non-public information about a company buys or sells shares of their company’s stock. Insiders, such as CEOs, COOs, and CFOs, are required by law to regularly report their stock purchases and sales to the Securities and Exchange Commission.
Tracking a company’s insider transactions is a metric that can be used to identify the direction that its executives believe that its stock is heading. If several insiders sell shares of their company at once, they may believe that the company will have weak future earnings and that the share price will decline in the near future.
For example, if Microsoft's CEO, CFO, and COO all recently sold shares of Microsoft stock, that would be an indication that there could be unreported news that may negatively affect Microsoft's stock price.
This slideshow lists the 12 companies that have had the highest levels of insider selling within the last 180 days.
#1 - Progressive (NYSE:PGR)
- Dollar Amount of Shares Sold
- $28,701,219.26
- Number of Insider Stock Sales in the Last 180 Days
- 24
- Volume of Shares Sold
- 108,960
- Who Sold Shares
- Andrew J Quigg (Insider), Carl G Joyce (CAO), Devin C Johnson (Director), Dyke Kahina Van (Director), Jeffrey D Kelly (Director), John Jo Murphy (Insider), John P Sauerland (CFO), Jonathan S Bauer (CIO), Lori A Niederst (Insider), Mariann Wojtkun Marshall (CAO), Patrick K Callahan (Insider), Steven Broz (Insider), Stuart B Burgdoerfer (Director) and Susan Patricia Griffith (CEO)
About Progressive
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property.
More about Progressive
#2 - Sprouts Farmers Market (NASDAQ:SFM)
- Dollar Amount of Shares Sold
- $25,524,477.07
- Number of Insider Stock Sales in the Last 180 Days
- 37
- Volume of Shares Sold
- 169,689
- Who Sold Shares
- Alisa Gmelich (CMO), Douglas Gregory Rauch (Director), Dustin Hamilton (Insider), Hari K Avula (Director), Jack Sinclair (CEO), James H Bahrenburg (CTO), Joe Fortunato (Director), John Scott Neal (Insider), Joseph D O'leary (Director), Kim Coffin (SVP), Nicholas Konat (COO), Stacy W Hilgendorf (VP), Terri F Graham (Director) and Timmi Zalatoris (Insider)
About Sprouts Farmers Market
Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.
More about Sprouts Farmers Market
- Dollar Amount of Shares Sold
- $13,237,263.00
- Number of Insider Stock Sales in the Last 180 Days
- 19
- Volume of Shares Sold
- 363,224
- Who Sold Shares
- Akshay Vaishnaw (Insider), Edward H Myles (CFO), Jay T Backstrom (CEO), Jeffrey S Flier (Director), Jing L Marantz (Insider), Joshua Reed (Director), Junlin Ho (General Counsel), Katie Peng (Director), Kristina Burow (Director), Michael Gilman (Director), Mo Qatanani (Insider) and Tracey Sacco (Insider)
About Scholar Rock
Scholar Rock Holding Corporation, a biopharmaceutical company, focuses on the discovery, development, and delivery of medicines for the treatment of serious diseases in which signaling by protein growth factors plays a fundamental role. The company develops Apitegromab, an inhibitor of the activation of myostatin that is in Phase 3 clinical trial for the treatment of spinal muscular atrophy; and SRK-181, which has completed Phase 1 clinical trials for the treatment of cancers that are resistant to checkpoint inhibitor therapies, such as anti-PD-1 or anti-PD-L1 antibody therapies.
More about Scholar Rock
- Dollar Amount of Shares Sold
- $358,591,944.70
- Number of Insider Stock Sales in the Last 180 Days
- 42
- Volume of Shares Sold
- 6,208,866
- Who Sold Shares
- Andrew Polovin (EVP), Bradley A Keywell (Major Shareholder), David R Epstein (Director), Eric P Lefkofsky (CEO), Erik Phelps (EVP), James William Rogers (CFO), Jennifer A Doudna (Director), Nadja West (Director), Ryan Fukushima (COO), Ryan M Bartolucci (CAO), Theodore Leonsis (Director) and Wayne AI Frederick (Director)
About Tempus AI
Tempus AI Inc is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics.
More about Tempus AI
- Dollar Amount of Shares Sold
- $496,822,872.31
- Number of Insider Stock Sales in the Last 180 Days
- 42
- Volume of Shares Sold
- 467,399
- Who Sold Shares
- Ann Mather (Director), Bradford L Smith (Director), Cletus R Willems (insider), David A Hyman (Insider), Gregory K Peters (CEO), Jay C Hoag (Director), Jeffrey William Karbowski (CAO), Reed Hastings (Chairman), Reed Hastings (Director), Richard N Barton (Director), Spencer Adam Neumann (CFO) and Strive Masiyiwa (Director)
About Netflix
Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.
More about Netflix
- Dollar Amount of Shares Sold
- $10,552,106.42
- Number of Insider Stock Sales in the Last 180 Days
- 13
- Volume of Shares Sold
- 40,476
- Who Sold Shares
- Charles P Carey (Director), Daniel G Kaye (Director), Dennis Suskind (Director), Derek Sammann (Insider), Hilda Harris Piell (Insider), Howard J Siegel (Director), Jonathan L Marcus (General Counsel), Julie Winkler (Insider), Larry G Gerdes (Director), Martin J Gepsman (Director), Phyllis M Lockett (Director) and Suzanne Sprague (COO)
About CME Group
CME Group Inc, together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income and foreign currency trading services.
More about CME Group
- Dollar Amount of Shares Sold
- $481,725,219.60
- Number of Insider Stock Sales in the Last 180 Days
- 75
- Volume of Shares Sold
- 1,617,921
- Who Sold Shares
- Benjamin E Huston (COO), Daniel J Gill (Insider), Ernest C Garcia II (major shareholder), Ernest C Garcia III (CEO), Gregory B Sullivan (Director), Ira J Platt (Director), J Danforth Quayle (Director), Mark W Jenkins (CFO), Michael E Maroone (Director), Paul W Breaux (Insider), Ryan S Keeton (Insider) and Thomas Taira (Insider)
About Carvana
Carvana Co, together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.
More about Carvana
- Dollar Amount of Shares Sold
- $4,114,691.91
- Number of Insider Stock Sales in the Last 180 Days
- 25
- Volume of Shares Sold
- 210,843
- Who Sold Shares
- Christina Marie Hoffman (VP), David Benjamin Bawel (CAO), David Wayne Sponic (SVP), Jeffery Tim Hay (SVP), Jeffrey Dean Miller (CFO), Kevin Gerard Burke (Insider), Kristi Spencer Altshuler (VP), Noland Rone Deas Jr (SVP), Sanjay Pandey (VP), Vincent Anthony Viozzi (VP), William Albert Folmar (VP) and William Daniel Delamater (EVP)
About Donegal Group
Donegal Group Inc, an insurance holding company, provides property and casualty insurance to businesses and individuals. It operates through three segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles; and homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft, as well as liability of the insured arising from injury to other persons or their property.
More about Donegal Group
- Dollar Amount of Shares Sold
- $26,202,050.70
- Number of Insider Stock Sales in the Last 180 Days
- 19
- Volume of Shares Sold
- 598,456
- Who Sold Shares
- Amy C Peterson (CMO), Bob Oliver (Director), Christopher J Senner (CFO), Dana Aftab (EVP), George Poste (Director), Jack L Wyszomierski (Director), Jeffrey Hessekiel (EVP), Mary C Beckerle (Director), Patrick J Haley (EVP), Stelios Papadopoulos (Director), Sue Gail Eckhardt (Director) and Tomas J Heyman (Director)
About Exelixis
Exelixis, Inc, an oncology company, focuses on the discovery, development, and commercialization of new medicines for difficult-to-treat cancers in the United States. The company offers CABOMETYX tablets for the treatment of patients with advanced renal cell carcinoma who received prior anti-angiogenic therapy; and COMETRIQ capsules for the treatment of progressive and metastatic medullary thyroid cancer.
More about Exelixis
- Dollar Amount of Shares Sold
- $73,376,066.90
- Number of Insider Stock Sales in the Last 180 Days
- 18
- Volume of Shares Sold
- 393,831
- Who Sold Shares
- Adam E Berry (SVP), Andrew Priestley (EVP), Anousheh Ansari (Director), Christopher S Holland (Director), Francis Mckay (SVP), Frederic E Mccoy (EVP), John C Plant (Director), Mark T Mondello (Chairman), May Yee Yap (SVP), Michael Dastoor (CEO), Steven A Raymund (Director) and Steven D Borges (EVP)
About Jabil
Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).
More about Jabil
- Dollar Amount of Shares Sold
- $20,967,648.53
- Number of Insider Stock Sales in the Last 180 Days
- 30
- Volume of Shares Sold
- 1,098,993
- Who Sold Shares
- Aaron Saltz (Insider), Adam Lee Soroca (Insider), Brian Gephart (CAO), David Buonasera (CTO), David Day (CFO), David T Pearson (Director), James Rossman (Director), Katie Seitz Evans (Insider), Michael G Barrett (CEO), Paul Caine (Director), Robert F Spillane (Director) and Sean Patrick Buckley (Insider)
About Magnite
Magnite, Inc, together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers.
More about Magnite
#12 - Kratos Defense & Security Solutions (NASDAQ:KTOS)
- Dollar Amount of Shares Sold
- $8,271,276.58
- Number of Insider Stock Sales in the Last 180 Days
- 33
- Volume of Shares Sold
- 251,768
- Who Sold Shares
- Bobbi Doorenbos (Director), Bradley L Boyd (Director), David M Carter (Insider), De Burgreen Maria Cervantes (VP), Deanna H Lund (CFO), Jonah Adelman (Insider), Marie Mendoza (SVP), Phillip D Carrai (Insider), Stacey G Rock (Insider), Steven S Fendley (Insider) and Thomas E Iv Mills (Insider)
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.
More about Kratos Defense & Security Solutions
#13 - Intercontinental Exchange (NYSE:ICE)
- Dollar Amount of Shares Sold
- $51,941,377.06
- Number of Insider Stock Sales in the Last 180 Days
- 18
- Volume of Shares Sold
- 295,312
- Who Sold Shares
- Andrew J Surdykowski (General Counsel), Benjamin Jackson (President), Christopher Scott Edmonds (Insider), Douglas Foley (SVP), James W Namkung (CAO), Jeffrey C Sprecher (CEO), Judith A Sprieser (Director), Lynn C Martin (Insider), Martha A Tirinnanzi (Director), Mayur Kapani (CTO) and Sharon Bowen (Director)
About Intercontinental Exchange
Intercontinental Exchange, Inc, together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada.
More about Intercontinental Exchange
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