Insiders have been trading these 5 stocks: ((MU)), ((AVGO)), ((JPM)), ((MSTR)) and ((MCD)). Here is a breakdown of their recent trades and their value.
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Micron, Broadcom, JPMorgan Chase, Strategy, and McDonald’s insiders have all been active sellers, starting with Micron. EVP and Chief Business Officer Sumit Sadana unloaded 24,000 Micron shares for $10,112,400, while EVP, Worldwide Sales Michael Cordano sold 3,407 shares for $1,482,045, signaling sizable executive profit-taking.
Broadcom also saw notable insider moves as Director Gayla Delly sold 1,000 shares for $358,310. Adding to the selling pressure, President, ISG S. Ram Velaga disposed of 8,000 Broadcom shares worth $2,964,160, a substantial transaction that may catch the eye of institutional investors.
Insider selling at JPMorgan Chase was even more pronounced, led by Chairman & CEO Jamie Dimon, who sold 130,488 shares for $40,001,096. Alongside him, a roster of top executives including Marianne Lake, Ashley Bacon, Douglas Petno, Mary Erdoes, Lori Beer, Jennifer Piepszak, and Jeremy Barnum collectively moved tens of thousands of shares worth many millions.
Strategy stock activity centered on Director Jarrod Patten, who executed two notable sales. He first sold 3,400 shares of Strategy for $444,184 and then followed with another 1,900 shares worth $248,098, suggesting a deliberate trimming of his position over multiple trades.
At McDonald’s, insider action came from Joseph M. Erlinger, President, McDonald’s USA, who opted to cash in on part of his stake. He sold 2,626 McDonald’s shares in a transaction valued at $806,182, adding the fast-food giant to the list of companies with recent executive-level selling.