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Insider Sells 13,644 Shares of $NVTS Amid Increased Selling Pressure

Recent insider trading at $NVTS raises concerns. With the Sr. V.P., Todd Glickman, selling shares and a notable increase in institutional selling, investor sentiment may wane.

Date: 
AI Rating:   5

Insider Trading Activity: The report reveals significant insider trading activity at $NVTS, with insiders executing 10 sales and no purchases over the past six months. This trend may indicate a lack of confidence from insiders regarding the company's performance or future prospects. Todd Glickman recently sold 13,644 shares, approximately 2.0% of his holdings.

Institutional Trading Trends: Additionally, there is considerable movement among institutional investors, with 85 adding shares and 87 decreasing their positions in the most recent quarter. Noteworthy is the complete removal of 4,683,257 shares by Kodai Capital Management (-100.0%) and substantial decreases by Goldman Sachs and ArrowMark Colorado Holdings, which could signal a bearish outlook from institutional investors.

While no specific metrics such as Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, Free Cash Flow, or Return on Equity (ROE) are mentioned in the report, the clear trend of insider selling and hedge fund pullbacks can create a negative perception that might influence stock prices adversely.