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Today's Bonus News Insiders Sold Big at These 3 Stocks—Should You Worry?Written by Leo Miller. Published 11/10/2025. 
Key Points - In less than six weeks, Netflix insiders have sold nearly $150 million worth of shares. Over half of this selling occurred after the company's Q3 earnings report, which sent shares plummeting.
- The CEO of a $44 billion leisure stock is dumping shares after they made a move up in October.
- TE Connectivity is up more than 70% in 2025 and is growing its data center business by 80%. The stock just saw its largest insider sale of the year.
Major players across streaming, leisure and data-center equipment have recently seen significant insider selling. Below, we break down those sales and what they may mean for investors. Netflix Insiders Dump Over $140 Million in Stock; A Red Flag? Since early October, video streaming behemoth Netflix (NASDAQ: NFLX) has recorded around $141 million worth of insider selling. With shares up roughly 24% in 2025, some investors wonder whether insiders are taking profits after the run. Adding to this concern, about $88 million of those sales occurred after the company's Q3 2025 earnings report. Netflix fell 10% on Oct. 22 in reaction to the report — the stock's largest single-day drop since 2022 — prompting questions about insiders' outlook following disappointing results. However, there is likely little to worry about from Netflix's recent insider selling. Approximately 96% (about $135 million) of the trades were executed under predetermined 10b5-1 plans. Sales made through these plans are not necessarily bearish indicators in the near term because insiders set them up in advance, specifying when shares will be sold regardless of subsequent events. Notably, Wall Street still sees meaningful upside potential. The MarketBeat consensus price target of roughly $1,340 implies more than 21% upside from current levels. Las Vegas Sands CEO Sells Nearly $100 Million After Earnings Spike By contrast, insider sales at Las Vegas Sands (NYSE: LVS) are more concerning. The operator of integrated resorts in Asia reported insider sales totaling over $94 million between Oct. 27 and Oct. 31. Importantly, none of these sales were made under 10b5-1 plans, which raises the possibility they reflect a more bearish view. All of the sales were executed by Chairman and CEO Robert Goldstein, and they followed a more than 12% jump in the stock on Oct. 23 after a strong earnings report. Las Vegas Sands shares have returned about 30% year to date in 2025. The timing and size of Goldstein's sales present a moderately bearish signal. Still, the market appeared to largely ignore the news, and the stock continued to trade higher after the disclosures. Analysts, however, are more cautious: the MarketBeat consensus price target of just over $64 implies roughly 1% downside, and recently updated targets remain close to that level. TE Connectivity: Insider Sales and Price Targets Tell Different Stories Finally, tech stock TE Connectivity (NYSE: TEL) has seen strong share gains alongside notable insider selling. The company supplies connectivity solutions for power and data transmission, and its Digital Data Networks end market grew 80% last quarter. The stock has returned just under 72% so far in 2025. On Nov. 3, the company recorded more than $26 million in insider selling. None of these sales were executed through 10b5-1 plans, and a $20.3 million sale by CFO Heath Mitts was the largest single insider sale at TE this year. Those factors suggest a moderately bearish signal. Still, analysts see potential upside. The MarketBeat consensus price target of just under $242 implies little change from current levels, but price targets updated after the Oct. 29 earnings release are higher. The average of those newer targets is about $266, implying roughly 10% upside. Why Insider Selling Doesn't Always Signal Weakness Insider sales at these companies point in different directions. Netflix and TE Connectivity stand out for their apparent upside potential, while the Las Vegas Sands sales — all from the CEO and not part of 10b5-1 plans — warrant closer scrutiny. In particular, TE Connectivity could continue to benefit from sustained data-center buildouts, which should support demand for its products. However, continued growth will be necessary to justify TE's near–all-time-high valuation.
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