HomeMarket NewsSmall CapsThe Insider Perspective: Recent Stock Sales of Walt Disney, Pinterest, Western Digital,...

The Insider Perspective: Recent Stock Sales of Walt Disney, Pinterest, Western Digital, and United Natural Foods

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The Nasdaq 100 closed lower by around 0.9% on Tuesday. In the realm of stocks, insider trades take center stage.


Insider selling might signify planned decisions or reflect concerns about the company’s future. However, such actions should not dictate investment choices solely. At best, they offer insight into the confidence of insiders in their decisions.


Let’s delve into recent notable insider sales for a closer look. For more, explore Benzinga’s insider transactions platform.


Insider Sales at Walt Disney


  • The Trade: The Walt Disney Company DIS Sr. EVP and Chief HR Officer Sonia L Coleman sold a total of 1,857 shares at an average price of $121.92, totaling around $226,405.
  • Developments: Analyst Barton Crockett recently raised the price target for Walt Disney from $129 to $137, affirming a Buy rating on April 2.
  • Company Focus: Disney’s operations span entertainment, sports, and experiences on a global scale.


Pinterest Insider Transactions


  • The Trade: Pinterest, Inc. PINS Director Jeffrey D Jordan sold a total of 20,000 shares at an average price of $35.08, acquiring around $701,672.
  • Recent Actions: Analyst Thomas Champion reaffirmed Pinterest with an Overweight rating and a $48 price target on March 26.
  • Company Profile: Pinterest acts as an online platform for discovering products and ideas across various categories like cooking and travel.


Insights on Western Digital


  • The Trade: Western Digital Corporation WDC Director Kimberly Alexy sold a total of 2,648 shares at an average price of $69.95, earning approximately $185,228.
  • Current Events: Analyst Amit Daryanani initiated coverage on Western Digital with an Outperform rating and a $80 price target on March 27.
  • Business Overview: Western Digital serves as a key integrated supplier of data storage solutions, covering hard disk drives and solid-state drives.


United Natural Foods Recent Sales


  • The Trade: United Natural Foods, Inc. UNFI Chief Accounting Officer Richard Eric Esper sold a total of 4,375 shares at an average price of $11.35, netting approximately $49,656.
  • Key Updates: On March 6, United Natural Foods disclosed second-quarter adjusted earnings per share of 7 cents, outperforming the analyst consensus by a large margin.
  • Corporate Focus: United Natural Foods specializes in wholesale distribution of natural, organic, and specialty foods and nonfood products throughout North America.


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For other intriguing updates, don’t miss out on our coverage of Acuity Brands, Cal-Maine Foods, and other compelling stocks ahead of Wednesday.



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