Mar 21, 2016

Posted by in Stock Reports | 0 Comments

Insiders Sell Significant Shares: ResMed Inc. (NYSE:RMD), Facebook Inc (NASDAQ:FB), NextEra Energy Inc (NYSE:NEE)

Insiders Sell Significant Shares: ResMed Inc. (NYSE:RMD), Facebook Inc (NASDAQ:FB), NextEra Energy Inc (NYSE:NEE)

As a general rule, insider buying shows management’s confidence in the company, and is considered a bullish sign—in other words a sign that stock prices are likely to go up. Conversely, insider selling is considered bearish—those in the know may be off loading their stocks in an expectation that prices will soon fall. So it pays to keep an eye on the activities of insiders.

Studies have shown that prompt and timely dissemination of insider transactions are profitable for investors, as insiders tend to beat the market. The odds in favor of an insider purchase being followed by further purchases are three times greater than the odds of a purchase followed by a sale.

ResMed Inc. (NYSE:RMD) saw an insider sell on Mar 15, 2016 that may make shareholders worried. Hollingshead James, President, Americas, sold 4,500 shares at $58.57 a piece. The total sale came to $263,567, leaving the total count to 47,569 shares. Its shares currently owned by company management are 0.90% while institutional investors own about 62.10%. The 6-month change recorded in total insider ownership was -26.49%. On the other side, 0.90% change in total institutional ownership has been reported for the 3-month period.

Moving on to the second insider trade which involved Sandberg Sheryl, a Chief Operating Officer at Facebook Inc (NASDAQ:FB) sold 109,000 shares at $111.46 per share to trim the total holding at 4,977,700 shares. Its shares currently owned by company management are 0.30% while institutional investors own about 70.00%. The 6-month change recorded in total insider ownership was -59.51%. On the other side, 1.26% change in total institutional ownership has been reported for the 3-month period.

NextEra Energy Inc (NYSE:NEE) also received some insider trading action as Nazar Manoochehr K, who the company’s President, Nuclear Div and CNO is sold some 23,574 shares at a price of $117.55 per share to the holding that now comprises of 125,018 shares. Its shares currently owned by company management are 0.30% while institutional investors own about 75.30%. The 6-month change recorded in total insider ownership was -5.47%. On the other side, 0.10% change in total institutional ownership has been reported for the 3-month period.

 

 

 

 

 

 

 

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