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Today's Featured Story 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 companies across streaming, leisure and data-center equipment have recently seen heavy insider selling. Below, we break down those sales and what they likely mean for investors. Netflix Insiders Dump Over $140 Million in Stock; A Red Flag? Since the beginning of October, video streaming giant Netflix (NASDAQ: NFLX) has recorded roughly $141 million of insider sales. With shares up about 24% in 2025, it's natural to wonder whether insiders are taking profits after a strong run. Why Wall Street is piling into the "Debasement Trade"
Wall Street has been making headlines lately for piling into a strange new money move. What they've dubbed the "Debasement Trade"... And it could affect you and your money in a MAJOR way. No one in the media does a better job of explaining all of this than Dr. David Eifrig. As a former Goldman Sachs Vice President, he has traded profitably through just about every stock market situation you can imagine, including Black Monday… That's why his latest warning deserves your attention. We've posted Dr. Eifrig's new work for free on our website right here. Fueling that concern: roughly $88 million of the sales came after Netflix's Q3 2025 earnings report, and the stock fell about 10% on Oct. 22 — its largest one-day drop since 2022. Do insiders see a change in momentum following the disappointing results? On balance, Netflix's insider activity is probably not a major warning sign. About 96% (roughly $135 million) of the sales were executed under predetermined 10b5-1 plans. Sales under those plans are scheduled in advance and typically don't reflect a reaction to recent events, so they're less indicative of insider concern. Moreover, Wall Street still sees meaningful upside after the pullback. The MarketBeat consensus price target of roughly $1,340 implies potential upside of more than 21% from current levels. Las Vegas Sands CEO Sells Nearly $100 Million After Earnings Spike Insider activity at Las Vegas Sands (NYSE: LVS) looks more concerning. The company — which operates integrated resorts including casinos and hotels in Asia — logged insider sales totaling more than $94 million between Oct. 27 and Oct. 31. None of these sales were made under 10b5-1 plans, which increases the likelihood they reflect a deliberate decision to sell rather than prearranged transactions. All of the shares were sold by Chairman and CEO Robert Goldstein, and the sales followed a more than 12% jump in the stock on Oct. 23 after a strong earnings release. The timing and size of Goldstein's transactions create a moderately bearish signal. Still, the market largely shrugged it off and the stock continued to rise. Analysts appear less optimistic: the MarketBeat consensus price target of just over $64 implies slightly more than 1% downside, and recent target updates are clustered around that level. TE Connectivity: Insider Sales and Price Targets Send Mixed Messages Tech maker TE Connectivity (NYSE: TEL), which supplies connectivity solutions used heavily in data centers, has seen both strong share gains and notable insider selling. Its Digital Data Networks end market grew 80% last quarter, and the stock is up nearly 72% in 2025. On Nov. 3, insiders sold more than $26 million of shares. None of those sales were executed under 10b5-1 plans, and the largest single sale — $20.3 million — came from CFO Heath Mitts, the biggest insider sale at TE in 2025. Taken at face value, these transactions are a moderately bearish signal. That said, sell-side sentiment is mixed. The MarketBeat consensus price target near $242 implies essentially flat performance from current levels, but targets updated after the Oct. 29 earnings release have been higher. The post-earnings average target is about $266, suggesting roughly 10% upside. Why Insider Selling Doesn't Always Signal Weakness These insider sales point to different conclusions across the three companies. Netflix's sales mostly reflect preplanned 10b5-1 activity and are less concerning, while Las Vegas Sands' CEO-led, non-10b5-1 sales are a clearer cautionary sign. TE Connectivity sits in the middle: insider selling looks mildly bearish, but robust demand from data-center customers and higher post-earnings price targets suggest further upside is possible. For TE to justify its near–all-time-high valuation, its growth in data-center exposure will need to hold up or accelerate. Investors should weigh the context of each insider sale — timing, whether it was prearranged, and how it aligns with analyst outlooks — rather than treating insider selling as a uniform negative signal.
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