Published on 25 Mar 2024 on Simply Wall St. via Yahoo Finance
Estée Lauder Companies Insiders Sell US$4.6m Of Stock, Possibly Signalling Caution
In the last year, many The Estée Lauder Companies Inc. (NYSE:EL) insiders sold a substantial stake in the company which may have sparked shareholders' attention. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying versus knowing if they are selling, as the latter sends an ambiguous message. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Estée Lauder Companies