the sp 500 closed lower on wednesday investors meanwhile focused on some notable insider trades when insiders sell shares it indicates their concern in the company’s prospects or that they view the stock as being overpriced either way this signals an opportunity to go short on the stock insider sales should not be taken as the only indicator for making an investment or trading decision at best it can lend conviction to a selling decision below is a look at a few recent notable insider sales for more check out benzingas insider transactions platform   the trade zscaler inc chief legal officer robert schlossman sold a total of 2496 shares at an average price of 15000 the insider received around 3744 thousand from selling those shares   what zscaler does zscaler is a softwareasaservice or saas firm focusing on providing cloudnative cybersecurity solutions to primarily enterprise customers   have a look at our premarket coverage here   the trade mgm resorts international chief legal admin ofc and secy john mcmanus sold a total of 10000 shares at an average price of 4131 the insider received around 41314 thousand from selling those shares   what mgm resorts does mgm resorts is the largest resort operator on the las vegas strip with 35000 guest rooms and suites representing about one fourth of all units in the market   the trade nike inc evp cfo matthew friend sold a total of 9210 shares at an average price of 10750 the insider received around 99008 thousand from selling those shares   what’s happening ea sports a division of electronic arts and nike virtual studios have recently revealed a new partnership focused on integrating nikes swoosh virtual creations nfts into upcoming ea sports games   what nike does nike is the largest athletic footwear and apparel brand in the world   the trade kirby corporation vp general counsel  secretary amy husted sold a total of 3000 shares at an average price of 7447 the insider received around 22341 thousand from selling those shares   what kirby does kirby corp is a domestic tank barge operator transporting bulk liquid products throughout three united states coasts check this out top 5 risk off stocks that could blast off in q2