Recently, various executives have taken part in insider selling activity for the stocks of International Business Machines Corp. (NYSE:IBM), Yelp Inc (NYSE:YELP), Halliburton Company (NYSE:HAL), and Nvidia Corporation (NASDAQ:NVDA).
International Business Machines Corp.
Senior Vice President Allen Bruno Di Leo yesterday dumped 5,000 International Business Machines shares (13.38% of total stake), valued at $858,300. Di Leo now holds 32,381 of the company’s shares that are valued at $5,599,970.
Chief Executive Officer Jeremy Stoppelman divested entire direct stake in Yelp Inc, which amounted to 8,000 common shares. The insider sold the shares for $315,200 in a single transaction dated May 5.
President Jeffrey Allen Miller unloaded 6,000 Halliburton Company shares (1.98% of total stake), valued at $300,000. The shares were sold via automatic sale program. Miller now holds 297,277 of the company’s shares that are valued at $13,972,019.
EVP, CAO & Secretary David M. Shannon disposed 5,000 of Nvidia Corporation shares valued at $110,800. The shares were sold via automatic sale program. Shannon now holds 110,800 of the company’s shares that are valued at $2,327,908.
According to TipRanks.com, which measures corporate insiders’ success based on their transactions, David M. Shannon has an average return of -7.6% and a 40.0% success rate. Shannon is ranked #22321 out of 36010 corporate insiders.