Several publicly traded firms’ top brass offloaded portions of their holdings last week, selling shares of Nvidia , Lululemon Athletica and Las Vegas Sands , among other stocks. The reasons behind insider selling are vast and varied. Despite that, the act is widely viewed as a bearish signal, potentially influencing other investors to also sell their stock. CNBC Pro reviewed data on insider selling, with a focus on discretionary activity, using financial research platform VerityData. The data, collected and verified through Securities and Exchange Commission filings, includes selling dates, share prices and the number of shares sold for each transaction. Our list excludes filings that specify sales were conducted pursuant to prearranged 10b5-1 trading plans . Here are some of last week’s most notable sales. Nvidia Director Harvey Jones sold 250,000 shares at an average price of $177.33 for a total of $44.3 million. Shares are up more than 5% over the past three months. Lululemon Athletica Officer Celeste Burgoyne, who will be leaving the company at the end of this month, sold 13,500 shares at an average price of $204.00 for a total of $2.8 million. Shares are up 22% over the prior three months. Las Vegas Sands Departing CEO Robert Goldstein sold a combined 1,997,700 shares at an average price of ~$66.74 for a total of $133.3 million. The transaction included exercising options expiring in 2028. Shares are up 25% over the past three months. Roivant Sciences Investor Vivek Ramaswamy sold 3,103,700 shares of Roivant Sciences at an average price of $21.89 for a total of $67.9 million. CEO Matthew Gline sold 1,740,000 shares at an average price of $21.68 for a total of $37.7 million. Shares are up 52% over the past three months. Confluent CEO Edward Jay Kreps sold 506,000 shares of Confluent at an average price of $30.04 for a total of $15.2 million. The transaction included exercising options on shares expiring in 2028. Shares are up 51% over the prior three months. CME Group CEO Terrence Duffy sold 25,000 shares of CME Group at an average price of $269.55 for a total of $6.7 million. Shares are up about 5% over the past three months. Gap Director William Sydney Fisher sold 100,000 shares of Gap at an average price of $26.82 for a total of $2.7 million. Shares are up roughly 15% over the prior three months. Warby Parker Director Youngme Moon sold 38,800 shares of Warby Parker at an average price of $29.07 for a total of $1.1 million. Shares have fallen 7.6% over the past three months. Viasat Departing Chief Accounting Officer Shawn Lynn Duffy sold 30,800 shares of Viasat at an average price of $36.38 for a total of $1.1 million. Shares are up 20% over the prior three months.
