https://simplywall.st/stocks/us/capital-goods/nyse-lhx/l3harris-technologies/news/insiders-at-l3harris-technologies-sold-us44m-in-stock-alludi
3 replies (most recent on top)
The stock most likely will go up since they've got activist investors on the board. They will get a profit and then they will. It's a good deal. Buy Harris stock.
From https://simplywall.st/stocks/us/capital-goods/nyse-lhx/l3harris-technologies
RISK ANALYSIS
Debt is not well covered by operating cash flow
Significant insider selling over the past 3 months
Large one-off items impacting financial results
From the article…. The last three months saw significant insider selling at L3Harris Technologies. In total, Senior Vice President of Strategy Sean Stackley dumped US$1.5m worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.