The Nasdaq Composite dipped 0.70% during Thursday's session. Investors, meanwhile, focused on some notable insider trades.

When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.

Below is a look at a few recent notable insider sales. For more, check out Benzinga's insider transactions platform.

Alphabet

• The Trade: Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) CEO Sundar Pichai sold a total of 22,500 shares at an average price of $182.84. The insider received around $4.1 million from selling those shares.
• What's Happening: Alphabet's Google has revealed its upcoming Pixel 9 flagship smartphones before they can be leaked yet again. This time around, the search giant also has a foldable phone in the mix.
• What Alphabet Does: Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary.

Roku

• The Trade: Roku, Inc. (NASDAQ:ROKU) President, Roku Media Charles Collier sold a total of 3,590 shares at an average price of $65.00. The insider received around $233,350 from selling those shares.
• What's Happening: Roku will release second quarter 2024 financial results after the closing bell on Thursday, Aug. 1.
• What Roku Does: Roku enables consumers to stream television programming. It has more than 80 million streaming households and provided well over 100 billion streaming hours in 2023.

Dell Technologies

• The Trade: Dell Technologies Inc. (NYSE:DELL) Director Egon Durban sold a total of 25,381 shares at an average price of $134.42. The insider received around $3.4 million from selling those shares.
• What's Happening: On July 1, Evercore ISI maintained an Outperform rating and $165 price target on the stock.
• What Dell Does: Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises.

Buckle

• The Trade: The Buckle, Inc. (NYSE:BKE) Director John P Peetz sold a total of 2,500 shares at an average price of $40.26. The insider received around $100,650 from selling those shares.
• What's Happening: On July 11, Buckle reported June net sales of $101.7 million, down by 5.8% year over year.
• What Buckle Does: Buckle Inc is a retailer of casual apparel, footwear, and accessories.

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