11. Executives at both Intuit and Cadence sold shares in June, according to the Washington Service, which tracks insider sales. 12. Firms would be required to more quickly disclose insider stock sales and information that might affect their financial status. 13. For example, the heavy insider sales pushed up the daily volume in Turbochef trading far beyond the daily average. 14. Insider purchases are more telling than insider sales. 15. Insider sales are closely watched, as they can indicate a belief among executives that the stock price is unlikely to rise. 16. Insider sales are closely watched, as they may signal a belief by executives that share prices will drop. 17. Insider sales as shares approach their highs are sometimes seen as a sign that a stock may be overvalued. 18. It would also require corporations to make faster disclosure of insider stock sales. 19. Of course, Wall Street is awash with insider sales this year. 20. Officials at YARC Systems Corp. scrambled Monday to assure investors that an Internet service erroneously included the Newbury Park company in a recent listing of insider sales. |