Published on 24 Apr 2024 on Simply Wall St. via Yahoo Finance
Kraft Heinz Insiders Sell US$2.6m Of Stock, Possibly Signalling Caution
Over the past year, many The Kraft Heinz Company (NASDAQ:KHC) insiders sold a significant stake in the company which may have piqued investors' interest. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.