This article explores the 10 stocks insiders sold in April after Trump’s tariff rollout. Previously, we covered the 20 stocks insiders bought in April after Trump’s tariff rollout.
Last week, President Donald Trump signed an executive order imposing a minimum 10% tariff on all U.S. imports, with certain exceptions. A 104% tariff on Chinese imports took effect, and Beijing said Wednesday it would raise levies on U.S. imports to 84% from 34%.
Treasury Secretary Scott Bessent told bankers that the economy is “in pretty good shape” while somewhat earlier JPMorgan chief Jamie Dimon expressed a more pessimistic view, warning that a recession could be on the horizon, according to the Wall Street Journal.
The Bank of England warned that US tariff announcements contribute to a “material increase in risks to global growth” and inflation levels, reports The Guardian.
Then, in an unexpected turn of events, the President announced Wednesday a complete three-month pause on all the “reciprocal” tariffs that went into effect with the exception of China.
Some insiders used this time in April to buy the dip while others thought it was time to sell some of their holdings. At times like these, it is worth analyzing insider trading activity. When executives buy stock, it can suggest confidence in the company’s future. On the other hand, insider sales don’t have to be a negative sign for the company, because they can reflect personal decisions or investment diversification. This means that insider trading should be considered alongside the company’s financial health and broader market conditions.
A busy trading room floor with analysts absorbing the day’s financial markets information.
Our Methodology
Today, we’re focusing on stocks that insiders have been heavily selling in April. Using Insider Monkey’s insider trading screener, we identified companies where at least five insiders sold shares from April 2 to April 8. From this list, we ranked the top 10 stocks with the highest value of insider sales.
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Let’s take a look at the 10 stocks insiders sold in April after Trump’s tariff rollout.
10. Joby Aviation, Inc. (NYSE:JOBY)
Joby Aviation is developing electric vertical takeoff and landing (eVTOL) aircraft for an aerial ridesharing service in the U.S. and Dubai. The Santa Cruz, California-headquartered company also plans to launch an app-based platform for booking air transportation. It is one of the 10 best low priced stocks to invest in now.
In a recent development, Joby Aviation has partnered with Virgin Atlantic to launch its air taxi service in the UK. This builds on Joby’s existing agreement with Delta Air Lines, which owns 49% of Virgin Atlantic, to bring the service to both the U.S. and UK. The partnership focuses on innovation and improving customer travel experiences.
In April, seven insiders, including the company’s CEO sold approximately $429,943 worth of Joby Aviation shares at an average price of $5.98 per share. Year-to-date, the stock dropped 23.00% to $6.26 per share. Over the past 12 months, Joby Aviation returned 32.63% to its investors.
According to MarketBeat, five analysts rate Joby Aviation stock as a “Moderate Buy” with a price target of $8.90, forecasting an upside of 42.06%.
9. Sunrun Inc. (NASDAQ:RUN)
Sunrun designs, installs, and maintains residential solar energy systems in the U.S. It offers solar panels, battery storage, and related services, primarily to homeowners. The San Francisco, California-based company sells through direct-to-consumer channels and a partner network. It is also one of the 10 best clean energy stocks to buy according to billionaires.
In 2024, Sunrun had a total revenue of $2.04 billion, down $222.1 million, or 10%, from the full year 2023. Customer agreements and incentives revenue was $1.5 billion, an increase of 27%, compared to 2023. Total operating expenses amounted to $2.6 billion, a decrease of 15% year-over year, on a pro-forma basis to exclude non-cash goodwill impairment, which was incurred in both the full year 2023 and full year 2024. Net loss attributable to common stockholders was $2.8 billion or $12.81 per basic and diluted share.
On April 7, five insiders, including the CEO, and CFO, sold around $540,405 worth of Sunrun shares at an average price of $6.74 per share. Since the beginning of the year the stock dropped 30.49% to $6.43 per share. Over the past 12 month, Sunrun shares declined 47.68%, however 21 analysts rate it as a “Buy” suggesting a price target of $17.91. The average price target suggests an upside of 178.54% from the latest price.
