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 - Sprouts Farmers Market (NASDAQ:SFM)
- Dollar Amount of Shares Sold
- $24,227,090.28
- Number of Insider Stock Sales in the Last 180 Days
- 34
- Volume of Shares Sold
- 162,389
- 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
- $4,487,986.91
- Number of Insider Stock Sales in the Last 180 Days
- 27
- Volume of Shares Sold
- 233,843
- 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), Sewell Trezevant Moore Jr (Director), 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
- $407,499,976.75
- Number of Insider Stock Sales in the Last 180 Days
- 62
- Volume of Shares Sold
- 1,390,830
- 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
- $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
- $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
- $12,212,448.60
- Number of Insider Stock Sales in the Last 180 Days
- 17
- Volume of Shares Sold
- 331,772
- 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
- $489,413,592.90
- Number of Insider Stock Sales in the Last 180 Days
- 38
- Volume of Shares Sold
- 473,243
- 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
#8 - Progressive (NYSE:PGR)
- Dollar Amount of Shares Sold
- $26,119,854.97
- Number of Insider Stock Sales in the Last 180 Days
- 21
- Volume of Shares Sold
- 100,012
- Who Sold Shares
- Andrew J Quigg (Insider), Carl G Joyce (CAO), Devin C Johnson (Director), Dyke Kahina Van (Director), Jeffrey D Kelly (Director), John P Sauerland (CFO), Jonathan S Bauer (CIO), Lori A Niederst (Insider), Mariann Wojtkun Marshall (CAO), Patrick K Callahan (Insider), Steven Broz (Insider) 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
#9 - ServiceNow (NYSE:NOW)
- Dollar Amount of Shares Sold
- $26,661,321.58
- Number of Insider Stock Sales in the Last 180 Days
- 28
- Volume of Shares Sold
- 27,067
- Who Sold Shares
- Anita M Sands (Director), Deborah Black (Director), Gina Mastantuono (CFO), Jacqueline P Canney (Insider), Jeffrey A Miller (Director), Jonathan Chadwick (Director), Larry Quinlan (Director), Nicholas Tzitzon (Vice Chairman), Paul John Smith (Insider), Russell S Elmer (General Counsel) and William R Mcdermott (CEO)
About ServiceNow

ServiceNow, Inc provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.
More about ServiceNow
#10 - Nexstar Media Group (NASDAQ:NXST)
- Dollar Amount of Shares Sold
- $29,650,303.69
- Number of Insider Stock Sales in the Last 180 Days
- 31
- Volume of Shares Sold
- 181,488
- Who Sold Shares
- Andrew Alford (Insider), Blake Russell (EVP), Brett Jenkins (Insider), Charles Thomas Mcmillen (Director), Dana Zimmer (Insider), Gary Weitman (Insider), Lee Ann Gliha (CFO), Lee Ann Gliha (EVP), Michael Biard (COO), Perry A Sook (CEO), Rachel Morgan (EVP) and Sean Compton (Insider)
About Nexstar Media Group

Nexstar Media Group, Inc operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services.
More about Nexstar Media Group
- Dollar Amount of Shares Sold
- $330,726,804.37
- Number of Insider Stock Sales in the Last 180 Days
- 44
- Volume of Shares Sold
- 5,895,794
- 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) 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
#12 - Flutter Entertainment (NYSE:FLUT)
- Dollar Amount of Shares Sold
- $11,528,554.01
- Number of Insider Stock Sales in the Last 180 Days
- 12
- Volume of Shares Sold
- 44,611
- Who Sold Shares
- Alfred F Hurley Jr (Director), Amy Howe (CEO), Atif Rafiq (Director), Carolan Lennon (Director), Christine M Mccarthy (Director), Holly K Koeppel (Director), James Philip Bishop (COO), Jeremy Peter Jackson (Director), John A Bryant (Director), Nancy Cruickshank (Director) and Nancy Dubuc (Director)
About Flutter Entertainment

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.
More about Flutter Entertainment
#13 - Intercontinental Exchange (NYSE:ICE)
- Dollar Amount of Shares Sold
- $51,626,428.06
- Number of Insider Stock Sales in the Last 180 Days
- 17
- Volume of Shares Sold
- 293,667
- 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 Stuart Glen Williams (COO)
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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