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Today's Bonus Content 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 seen large bouts of insider selling recently. Below, we break down those sales and explain what they likely mean for investors. Netflix Insiders Dump Over $140 Million in Stock; A Red Flag? Since the beginning of October, video streaming behemoth Netflix (NASDAQ: NFLX) has recorded roughly $141 million in insider sales. With shares up about 24% in 2025, it's natural to ask whether insiders are taking profits after a strong run. Just like Microsoft and Adobe rode the software wave in Web 1.0, RAD Intel is riding the AI software wave in 2025. Their product helps brands instantly find the right audience and message using AI – solving the #1 waste in marketing: misfired ad spend.
Already trusted by a who's-who of Fortune 1000 brands and leading global agencies – with recurring seven-figure partnerships in place. With a Nasdaq ticker reserved, $RADI, it's early – but very real. $0.81 won't last – price changing TONIGHT... Adding to the concern, about $88 million of those sales occurred after the company's Q3 2025 earnings report. Netflix fell roughly 10% on Oct. 22 in response to the report — the stock's largest single-day drop since 2022 — which prompted questions about management's view of near-term prospects. Still, there's likely little to worry about here. Approximately 96% (about $135 million) of the sales were executed under predetermined 10b5-1 plans. Trades under those plans are scheduled in advance and therefore generally aren't interpreted as near-term bearish signals tied to recent events. Moreover, Wall Street still sees meaningful upside after the sell-off. The MarketBeat consensus price target of around $1,340 implies roughly 21% upside from current levels. Las Vegas Sands CEO Sells Nearly $100 Million After Earnings Spike By contrast, insider activity at Las Vegas Sands (NYSE: LVS) looks more concerning. Between Oct. 27 and Oct. 31 the company reported insider sales totaling more than $94 million. None of those sales were made under 10b5-1 plans, which raises the possibility they reflect a more immediate decision to sell. All the transactions were reported by Chairman and CEO Robert Goldstein, and they came after the stock jumped more than 12% on Oct. 23 following a strong earnings report. That combination — large, unscheduled sales by the CEO after a big rally — is a moderately bearish signal. Despite that, the market largely shrugged and the shares continued to rise. Analysts, however, appear cautious: the MarketBeat consensus price target of just over $64 implies about 1% downside, and recently updated targets sit near that level. TE Connectivity: Insider Sales and Updated Price Targets Tell Different Stories Lastly, tech stock TE Connectivity (NYSE: TEL) has seen both its share price and insider sales surge. The company supplies connectivity solutions for transmitting power and data, and demand from data centers has been particularly strong — TE's Digital Data Networks end market grew about 80% last quarter. The stock is up nearly 72% in 2025. On Nov. 3, insiders sold more than $26 million of stock. None of those sales were under 10b5-1 plans, and a $20.3 million transaction by Chief Financial Officer Heath Mitts was the largest single sale at TE so far in 2025. These unscheduled, sizable sales could be viewed as modestly bearish. However, analyst expectations are mixed. The MarketBeat consensus price target near $242 implies little change from current levels, while price targets updated after TE's Oct. 29 earnings release average about $266 — roughly 10% upside. In short, recent analyst revisions suggest the rally may have more room to run, even if consensus remains cautious. Why Insider Selling Doesn't Always Signal Weakness Insider sales can mean different things depending on context: who is selling, whether trades were prearranged, and how analysts view the company. In these examples, Netflix's sales look largely procedural (10b5-1 plans), while Las Vegas Sands' CEO-led, unscheduled sales are a clearer cautionary signal. TE Connectivity sits between those extremes, with unscheduled sales offset by stronger post-earnings analyst targets. For investors, the takeaway is to weigh the specifics. Check whether sales were executed under 10b5-1 plans, note who is selling and when, and compare insider activity with analyst price targets and the company's growth trajectory. Those factors together provide a fuller picture than headline dollar figures alone. With data center buildouts expected to continue, demand for TE's equipment should remain strong, but sustained growth will be necessary to justify TE's near–all-time-high valuation.
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