Some important people in a company, called insiders, sell a lot of their own shares in that company. This can make the price of the shares go down, or it can show that they think the company is not worth as much as before. This can help other people decide if they want to buy or sell the shares too. Some of the companies mentioned in this article are Marvell Technology, DocuSign, Amazon, and NVIDIA. Read from source...

Some notable insider sales were reported on July 10, 2024. Among them, Marvell Technology President Muhammad Raghib Hussain sold 50,000 shares at an average price of $75.00, DocuSign President Stephen Shute sold 35,300 shares at an average price of $52.87, Amazon Executive Chair Jeff Bezos sold 4,314,109 shares at an average price of $200.15, and NVIDIA President and CEO Jen Hsun Huang sold 240,000 shares at an average price of $127.87.

If you are looking for a comprehensive investment recommendation and risk assessment, you should consider working with a qualified financial advisor. Insider selling is just one factor to consider when evaluating a company's prospects or the attractiveness of a stock. Benzinga's insider transactions platform can provide more context on insider transactions, but it should not be taken as the sole basis for making an investment or trading decision.