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 signet jewelers limited nyse sig ceo virginia drosos disposed a total of 25000 shares at an average price of 8212 the insider received 205299500 as a result of the transaction what signet jewelers does signet jewelers is a retailer of diamond jewelry its merchandise mix includes bridal fashion watches and others the trade maximus inc nyse mms chief financial officer richard j nadeau sold a total of 6131 shares at an average price of 8320 the insider received 51009920 from selling those shares what’s happening navient and maximus recently signed a definitive agreement to transfer the loan servicing for us department of educationowned student loan accounts from navient to maximus through a contract novation what maximus does maximus is an operator of government health and human services programs in the united states united kingdom canada australia and saudi arabia the trade alaska air group inc nyse alk chairman bradley d tilden sold a total of 4875 shares at an average price of 6074 the insider received 29609775 as a result of the transaction what’s happening jp morgan recently maintained an overweight rating on alaska air group and raised the price target to 97 what alaska air group does alaska air group inc operates two airlines alaska and horizon in three operating segments the mainline segment includes scheduled air transportation on alaskas boeing and airbus jet aircraft for passengers and cargo throughout the us and in parts of mexico and costa rica the trade united natural foods inc nyse unfi director torre ann bates sold a total of 34000 shares at an average price of 4859 the insider received 165202205 from selling those shares what united natural foods does united natural foods inc is a wholesale distributor of natural organic and specialty foods and nonfood products across north america the trade sturm ruger  company inc nyse rgr senior vp operations patrick thomas sullivan sold a total of 5000 shares at an average price of 7402 the insider received 37010000 from selling those shares what’s happening the company during august reported betterthanexpected quarterly results what sturm ruger  company does sturm ruger  co is engaged in the designing manufacturing and sale of firearms mainly to american customers