Electronic Arts, Willis Towers Watson And This Basic Material Stock Insiders Are Selling

The US Federal Reserve raised interest rates by 75 bps at its latest meeting 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 Benzinga's insider transactions platform.

Electronic Arts

• The Trade: Electronic Arts Inc. EA Chief Operating Officer Laura Miele sold a total of 1,500 shares at an average price of $126.29. The insider received around $189.44 thousand from selling those shares.
• What’s Happening: Electronic Arts Reports Q2 net bookings of $1.754 billion.
• What Electronic Arts Does: EA is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile.

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Commercial Metals Company

• The Trade: Commercial Metals Company CMC SVP Operations TY L Garrison sold a total of 15,000 shares at an average price of $45.91. The insider received around $688.67 thousand as a result of the transaction.
• What’s Happening: Commercial Metals recently reported better-than-expected Q4 EPS and sales results.
• What Commercial Metals Company Does: Commercial Metals Co operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and Poland.

Have a look at our premarket coverage here .

Willis Towers Watson

• The Trade: Willis Towers Watson Public Limited Company WTW Head of Health, Wealth &Career Julie J. Gebauer sold a total of 1,400 shares at an average price of $219.07. The insider received around $306.7 thousand from selling those shares.
• What’s Happening: The company recent posted upbeat quarterly earnings.
• What Willis Towers Watson Does: In January 2016, Towers Watson and Willis Group merged to form Willis Towers Watson, a global advisory, insurance brokerage, and solutions company.