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Insiders are Selling These 3 Space Stocks

Investing.com Logo Investing.com By Leo Miller
Insiders are Selling These 3 Space Stocks

Insider selling activity has increased at three space and aerospace stocks. Rocket Lab saw $141 million in sales from CEO Peter Beck under a pre-planned 10b5-1 arrangement, which carries less bearish implications. AST SpaceMobile experienced a significant $160 million sale by majority shareholder American Tower, reducing its stake by 49% without a predetermined plan—raising the most concern. Transdigm saw $157 million in insider sales, primarily from board member Robert Small, though this appears isolated to one individual.

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While $141 million in insider sales by CEO Peter Beck appears significant, nearly all sales were conducted under a predetermined 10b5-1 plan, which does not signal near-term bearish sentiment as timing is determined well in advance. Additional sales from Lead Independent Director were minimal at $1.7 million.