HomeMarket NewsSmall CapsAn Insider's Peek Into Recent Stock Sales: BlackRock, Wendy's, and More

An Insider’s Peek Into Recent Stock Sales: BlackRock, Wendy’s, and More

Actionable Trade Ideas

always free

wendys logo

The Nasdaq 100 closed higher by more than 250 points on Friday, a triumph reminiscent of the marketโ€™s previous ebbs and flows.

Insider trading, a nuanced tango of strategy and instinct, remains a subject of much scrutiny. When insiders sell shares, the message conveyed could be dire or benign, a siren or a soft whisper in the night.

These insider sales, a splash of color on an otherwise monochrome canvas, offer a peek into the minds of those who steer the ship. Yet, prudence whispers, their actions a mere shadow in a landscape marred by ambiguity.

Below lies a glimpse into recent insider stirrings, a twitch in the fabric of the market tapestry. For a more exhaustive view, the Benzingaโ€™s insider transactions platform stands at the ready.

Embarking on the iRobot Journey

  • The Transaction: iRobot Corporation IRBT Director Colin M Angle set sail on a voyage of share-selling, parting ways with 179,503 shares at an average price of $11.46, reaping around $2.06 million from the bounty.
  • Turbulence Alert: On Feb. 26, iRobot reported a medley of fourth-quarter financial results, a tempest in the teacup of the Wall Street quarter.
  • The iRobot Odyssey: iRobot Corp, a trailblazer in consumer robotics, crafts solutions that span the nooks and crannies of both home and hearth.

Adventures of JELD-WEN Holding

  • The Expedition: JELD-WEN Holding, Inc. JELD Director Roderick Wendt embarked on a journey of share-selling, relinquishing 50,150 shares at an average price of $27.37, amassing around $1.35 million in treasure.
  • Plot Twist: On Feb. 19, JELD-WEN unveiled better-than-expected fourth-quarter earnings, a meteor after the market dusk.
  • The JELD-WEN Chronicle: JELD-WEN Holding Inc, a maestro in door and window craftsmanship, forges a path through both interior and exterior building products.

Decoding BlackRockโ€™s Symphony

  • The Performance: BlackRock, Inc. BLK Chairman and CEO Laurence Fink orchestrated a concerto of share-selling, shedding 30,978 shares at an average price of $809.92, reaping around $25.09 million in applause.
  • Harmonious Notes: On Jan. 12, BlackRock reported bounteous fourth-quarter revenue growth, a sonnet that lingered above the consensus of $4.627 billion.
  • The BlackRock Sonata: BlackRock, the behemoth of asset management, with a treasury of $10.008 trillion in assets under its stewardship at the curtain fall of December 2023.

Unveiling Wendyโ€™s Tale

  • The Story: The Wendyโ€™s Company WEN Director Kenneth W Gilbert revealed a chapter of share-selling, parting ways with 4,500 shares at an average price of $18.07, pocketing around $81,315 in royalties.
  • The Plot Thickens: On Feb. 15, Wendyโ€™s unveiled its fourth-quarter FY23 results, a narrative arc that fell short by a smidgeโ€”missing the analyst consensus estimate by a hair.
  • The Wendyโ€™s Saga: The Wendyโ€™s Company, a stalwart in the burger QSR realm, waltzing as the second-largest chain in the United States by systemwide sales, a runner-up in the feast beside goliaths, with its laurels resting in the shadow of McDonaldโ€™s.


Take a peek at Sea, AeroVironment And 3 Stocks To Watch Heading Into Monday for more tales from the stock market sea.

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.