10 Large-Cap Stocks Insiders Are Selling Recently

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1. Rockwell Automation, Inc. (NYSE:ROK)

Number of Insiders Selling: 13

Market Capitalization: $30.234B

Rockwell Automation is a provider of industrial automation and digital transformation solutions. On February 4, the company confirmed the deepening of its long-standing partnership with FORTNA. The company’s brands include Allen-Bradley, FactoryTalk software and LifecycleIQ Services. Rockwell Automation operates in more than 100 countries across the globe.

Over the past 12 months, 13 insiders, among which are President and CEO, CTO, and CIO sold a total of approximately $2.43 million worth of Rockwell Automation shares at an average price of $297.49 per share. Since the beginning of the year, the company’s shares went up 5.88%, now trading at $302.60 per share.

As many as 17 analysts have an average “Buy” rating on the Rockwell Automation stock. The 12-month stock price target is $303.59, representing an increase of 0.79% from the latest price, writes StockAnalysis.

For the first quarter of fiscal 2025, Rockwell Automation reported sales of $1.89 billion, down 8.4% from the first quarter of fiscal 2024. Net income attributable to Rockwell Automation was $184 million or $1.61 per share, compared to $215 million or $1.86 per share in the first quarter of fiscal 2024. The company attributes the decrease in net income to lower sales volumes.

Rockwell Automation is also one of the Top 9 Game-Changing Stocks for AI Revolution. Over the last five years, the company’s shares gained 51.13%.

Overall, ROK is first among the 10 large-cap stocks insiders are selling recently. While we acknowledge the potential of ROK, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ROK but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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