No Data
Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points.
CAVA Soars 195% YTD: Is It Still a Red-Hot Stock to Buy for 2025?
Super Micro Computer, Adobe And Nucor Are Among Top Large Cap Losers Last Week (December 9-13): Are The Others In Your Portfolio?
Trending Stocks Amid a Mixed Week for U.S. Stock Market
US MOVERS&SHAKERS Dec 09-Dec 13, 2024
Cava Group Insider Sold Shares Worth $204,262,817, According to a Recent SEC Filing
The wolf of Toronto : It’s insiders selling more what the mkt can take.
Chad Dunbar OP : Seeing that we are about halfway through December, people should expect some insider selling. If they are holding options that expire at the end of the year, they can either place a broker trade to convert the options into shares or they can sell the options without taking on broker trade fees. Some of them probably had limit sell orders that triggered when the price got above a certain level. So it probably wasn’t a case of insiders actively sitting in front of their computers and manually hitting the sell button. That’s why I generally don’t prioritize paying much attention to insider selling. The few times that I do, it has more to do with CEOs dumping larger than normal amounts right before an earnings call, as it signals a lack of public perception awareness and strategic thinking, which in turn suggests that leadership of the company is suboptimal. I don’t see any real issue with CAVA right now, and they have a lot of growth ahead of them.