the sp 500 closed slightly higher 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 robinhood markets inc chief creative officer baiju bhatt sold a total of 92987 shares at an average price of 933 the insider received around 86783 thousand from selling those shares   what’s happening robinhood markets said assets under custody at the end of may were 818 billion up 6 from april   what robinhood does robinhood markets inc is creating a modern financial services platform have a look at our premarket coverage here   the trade snap inc chief technology officer robert murphy sold a total of 1297027 shares at an average price of 1008 the insider received around 1008 million from selling those shares   what’s happening wells fargo initiated coverage on snap with an equalweight rating and announced a price target of 10   what snap does snap which refers to itself as a camera company has one of the most popular social networking apps snapchat in developed regions such as north america and europe   the trade nvidia corporation director harvey c jones sold a total of 119795 shares at an average price of 40317 the insider received around 483 million from selling those shares   what’s happening nvidia shares moved higher on wednesday as the stock continued to surge amid ai optimism   what nvidia does nvidia is the top designer of discrete graphics processing units that enhance the experience on computing platforms the firms chips are used in a variety of end markets including pc gaming and data centers   the trade johnson  johnson evp chief to and risk officer kathryn e wengel sold a total of 12465 shares at an average price of 16000 the insider received around 199 million from selling those shares   what’s happening mizuho recently maintained johnson  johnson with a buy and raised the price target from 36 to 40   what johnson  johnson does johnson  johnson is the worlds largest and most diverse healthcare firm three divisions make up the firm pharmaceutical medical devices and diagnostics and consumer check this out traders more optimistic following feds rate decision