In this article, we will take a detailed look at 10 stocks with at least $20 million in insider sales recently. We previously covered 10 stocks with at least $10 million in insider sales recently.
The turbulent week for the U.S. stock market continues, fueled by the Trump administration’s shifting decisions on the start date for new tariffs. On Thursday, President Donald Trump signed executive actions that delay tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty for nearly one month.
“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the United States-Mexico-Canada Agreement (USMCA),” Trump wrote on Truth Social Thursday.
Mexican President Claudia Sheinbaum said that “virtually all” of Mexico’s trade with the U.S. falls under the USMCA, writes CNN Business.
So what happened with some of the major U.S. indexes? Blue-chip companies declined by 428 points or 0.99%, the broader market index lost 1.78%, while the NASDAQ entered correction, down 10.4% from its record high on December 16.
Many analysts have recently revised their U.S. stock market predictions, suggesting that achieving strong earnings in 2025 may prove more difficult. Despite this, the broader market index is still expected to finish 2024 approximately 9% higher, although this is a decrease from the initial forecast of 12.2% made in January. Key drivers for this year include increased productivity from AI adoption and expectations of lower interest rates.
Amid market fluctuations and uncertainty, insider trading often garners considerable attention. Executives and insiders, with deep insights into their companies’ strategies and outlooks, may make trades worth examining. For example, when a CEO or CFO invests their own money in company stock, it can be a strong signal of confidence in the company’s future prospects.
On the other hand, selling shares may suggest a lack of confidence from management, though this is not always the case. In some situations, large shareholders might be rebalancing their portfolios to better match their risk/reward preferences or selling for personal financial reasons. Additionally, many insiders sell shares as part of pre-arranged, automated trading plans, known as 10b5-1 plans.
Both insider buying and selling can be influenced by a range of factors, so these actions should be viewed in the context of the company’s financial health, industry trends, and overall market conditions. This underscores the importance of conducting thorough research before making investment decisions. While insider trading activity can provide valuable insights into a company’s future, it should be considered alongside other key factors to make well-informed investment choices.
An aerial view of trading terminals and monitors, displaying markets from around the world.
Today, we’re focusing on stocks that have seen insider sales of at least $20 million since the start of the year. Using Insider Monkey’s insider trading screener, we identified stocks where at least one insider sale reached $20 million or more. While the total value of insider sales for these stocks may be higher, we focused on sales worth $20 million or more. Out of the stocks that met this criterion, we selected the 10 stocks with insider sales ranging from $20 million to $30 million, prioritizing those with the highest insider sales within this range for further analysis.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
For each stock, we provide details on the highest individual sale, the number of insider sales exceeding $20 million year-to-date, and the company’s current market capitalization. Let’s take a look at 10 stocks with at least $20 million in insider sales since the beginning of the year.
10. JPMorgan Chase & Co. (NYSE:JPM)
Highest Individual Sale: $26,017,982.30
Number of Sales Above $20 million: 5
Market Capitalization: $689.35 billion
JPMorgan Chase & Co. is a financial services firm with millions of customers across 100 global markets under its JP Morgan and Chase brands. The New York-headquartered company is focused on investment banking and financial services for all types of customers in the commercial and business sectors. It is also considered one of the 14 best holding company stocks to buy right now. As of December, 31, JP Morgan Chase & Co. had $4.0 trillion in assets and $345 billion in stockholders’ equity.
On February 20, chairman & CEO, James Dimon, at JPMorgan Chase & Co. made five sales of the company’s shares in his ownership. One sale was valued at $26.02 million when Dimon sold 96,421 at a price of $269.84 per share.
Currently, the stock is trading at $246.54 per share, having gained 2.85% since the beginning of the year. Over the past 12 months, JPMorgan Chase & Co. returned 31.23% to its investors.
For the fourth quarter of 2025, the company disclosed revenue of $42.77 billion, up from $42.65 billion in the same period of the prior year. Net income amounted to $14.01 billion, compared to a net income of $12.9 billion in the fourth quarter of 2023.
Recently, JPMorgan Chase & Co. announced it will buy back all 300,000 of its outstanding shares of Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series HH. These shares are represented by 3,000,000 depositary shares, with each depositary share representing one-tenth of a share of Series HH Preferred Stock. The company will pay $10,000 for each Series HH Preferred Stock share, which is equivalent to $1,000 for each depositary share.
Seventeen Wall Street analysts have an average “Moderate Buy” rating on JP Morgan Chase & Co. with a price target of $278.50, according to TipRanks. The average price target indicates a 12.96% upside from the current price.
9. DICK’S Sporting Goods, Inc. (NYSE:DKS)
Highest Individual Sale: $26,184,718.23
Number of Sales Above $20 million: 1
Market Capitalization: $17.49 billion
Ninth among 10 stocks with at least $20 million in insider sales recently is a retailer of sports apparel, footwear, and equipment. The Pittsburgh, Pennsylvania-based company operates more than 730 stores under its namesake brand. It has four subsidiaries – Golf Galaxy, Public Lands, Going Going Gone, and House of Sport.
Insider Monkey recently shared a bull thesis on DICK’s Sporting Goods stock. In summary, the theory argues that the company is considered undervalued, with its EBITDA/EV yield placing it among the cheapest 10% of stocks. The company is believed to have a strong growth potential and one of its key advantages is its unique in-store experience, with much larger stocks than competitors and attractions such as batting cages and mini-golf.
On January 6, the executive chairman at the company, W Edward Stack, sold $26.18 million worth of DICK’s Sporting Goods shares at a price of $228.47 per share. Year-to-date, the stock dropped 6.18% and is now trading at $214.69 per share. Over the past 12 months, DICK’s Sporting Goods returned 17.85% to its investors.
As per 22 analysts, DICK’s Sporting Goods is a “Buy,” data from Stock Analysis reveals. The average price rating for the stock is $245.82, which reflects a 14.50% upside from the current price.
8. Redwire Corporation (NYSE:RDW)
Highest Individual Sale: $26,890,059.00
Number of Sales Above $20 million: 1
Market Capitalization: $822.45 million
Redwire is a provider of space infrastructure solutions for both government and commercial clients across the globe. The Jacksonville, Florida-headquartered company’s offering includes star trackers, sun sensors, camera systems, solar array solutions for spacecraft and more. Recently, Redwire confirmed it was awarded a study contract by the European Space Agency (ESA) to conceptualize a spacecraft platform that could be delivered to Mars as a part of the ESA LightShip initiative.
The company’s recent news includes the announcement that its Sentinel camera technology, called SentinelCam, will be launched aboard Intuitive Machines’ Nova-C lunar lander on the company’s second mission to the Moon (IM-2). Redwire provided Terrain Relative Navigation and Hazard Detection and Avoidance cameras from its Sentinel product line. These cameras will help the lander navigate and safely land on the Moon.
On February 25, one insider sold $26.9 million worth of Redwire shares at a price of $11.5 per share. Currently, the stock is trading at $12.36, having declined 24.91% year to date. Over the past 12 months, the stock returned 303.92% to its investors.
Mad Money host, Jim Cramer, recently commented on the stock, saying “Well, okay, so Redwire is part of a company, it’s, it does space work, and Professor Ben Stoto, who works with me, we both are kind of skeptical of space stuff and I think we just have to kind of hold off. That said, we’ve done some work on this and I’m not gonna say that we’re thrilled… It’s not necessarily one of our favorite stocks, Redwire. I think that we’re gonna have to hold off.”
Data from MarketBeat reveals that six analysts have an average “Buy” rating on Redwire stocks, with a price target of $18.04.
7. Tesla, Inc. (NASDAQ:TSLA)
Highest Individual Sale: $27,250,557.84
Number of Sales Above $20 million: 2
Market Capitalization: $847.39 billion
Tesla designs, manufactures and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The Austin, Texas-based company operates in two segments: Automotive; and Energy Generation and Storage.
In 2024, the company had total revenues of $97.69 billion, up by $917 million in 2023. Tesla also reported net income of $7.09 billion, down by $7.91 billion in the prior year. The company attributes this decline in net income to the impact of releasing $6.54 billion of our valuation allowance associated with U.S. federal and state deferred tax assets in the fourth quarter of 2023. Tesla ended 2024 with $36.56 billion in cash and cash equivalents and investments, representing an increase of $7.47 billion from the end of 2023. Its cash flows provided by operating activities were $14.92 billion in 2024 compared to $13.26 billion in 2023, representing an increase of $1.67 billion. Tesla said it plans to expand its operations while concentrating on further cost reduction and operational efficiencies.
On February 6, the director at Tesla, Kimbal Musk, sold $27.25 million worth of shares at a price of $300.29 per share. Having dropped 34.76% year-to-date, Tesla stock is currently trading at $263.45 per share. Over the last 12 months, the company returned 47.47% to its investors.
On February 25, Morgan Stanley’s Adam Jones reiterated an Overweight rating for Tesla with a $430.00 price target. Jones noted that the company’s integration of AI and robotics will drive growth and innovation.
Thirty-six analysts have given an average “Hold” rating to Tesla stock, according to StockAnalysis. The analysts have placed a stock price target of $314.54, which represents an upside of 19.39% from the current price.
Tesla is also considered one of the 11 stocks that will go to the Moon according to Reddit.
6. Okta, Inc. (NASDAQ:OKTA)
Highest Individual Sale: $28,317,440.53
Number of Sales Above $20 million: 1
Market Capitalization: $19.308 billion
Okta is an independent identity provider offering secure, cloud-based identity for businesses. The San Francisco-based company provides Okta’s suite of products and services, such as the Okta Identity Platform that can integrate with various applications, services and cloud environments. It is also considered one of the 10 high growth cybersecurity stocks to buy.
On January 23, one insider, a director at Okta, sold $28.32 million worth of the company’s shares at a price of $86.99 per share. Currently, the stock is trading at $111.22 per share, having gained 41.14% year-to-date. Over the past 12 months, Okta dropped 0.24%.
For the fiscal year of 2025, Okta reported revenue of $2.61 billion, up 14% from fiscal 2024. At the same time, subscription revenue grew 16% year-over-year reaching $2.56 billion. GAAP net income amounted to $28 million, which compares to a non-GAAP net loss of $355 million in the prior year. Net cash provided by operations was $750 million, or 29% of total revenue, compared to $512 million, or 23% of total revenue, for fiscal 2024. Free cash flow was $730 million, or 28% of total revenue, compared to $489 million, or 22% of total revenue, for fiscal 2024.
For its current full year, Okta provided revenue guidance of $2.85 billion to $2.86 billion versus analysts’ average estimate of $2.8 billion. Additionally, it expects its adjusted EPS to come in at $3.15 to $3.20, well above the mean outlook of $2.94.
The stock jumped 24.27% on the strong earnings.
Data from TipRanks reveals that 31 analysts have an average “Moderate Buy” rating on Okta stock, with a price target of $115.72. The average price target suggests a 4.05% upside from the current price.
5. Antero Resources Corporation (NYSE:AR)
Highest Individual Sale: $28,395,850.00
Number of Sales Above $20 million: 1
Market Capitalization: $10.51 billion
In the middle of this list of the 10 stocks with at least $20 million in insider sales recently is an independent natural gas and liquids company, operating in the Appalachian Basin. The Denver, Colorado-headquartered company is considered one of the most integrated natural gas and NGL businesses in the US and one of the biggest suppliers to the country’s LNG market.
For the full year of 2024, Antero reported revenue of $6.68 billion, compared to $4.33 billion in 2023. Net income amounted to $198.41 million, which compares to $57.23 billion in the prior year. Natural gas production averaged 2.2 Bcf/d, a decrease of 3% from the prior year, while liquids production averaged 209 MBbl/d, an increase of 8% from the prior year.
On February 19, one insider sold $28.4 million worth of Antero shares at a price of $40.57 per share. Since the beginning of the year, the stock declined 4.28% and is now trading at $33.55 per share. Over the past 12 months, Antero returned 26.70% to its investors.
The company is also considered one of 10 best liquefied natural gas (LNG) stocks to buy in 2025.
According to MarketBeat, 18 analysts have an average “Moderate Buy” rating on the stock, with a 12-month price target of $39.44. The average price target suggests a 17.83% upside from the current price.
4. Rumble Inc. (NASDAQ:RUM)
Highest Individual Sale: $28,628,737.50
Number of Sales Above $20 million: 7
Market Capitalization: $2.69 billion
Fourth among stocks with big sales this year is Rubmble, a provider of video-sharing platforms in the U.S., Canada, and internationally. The Longboat Key, Florida-based company operates a free-to-use video-sharing and livestreaming platform, rumble.com. This platform enables users to subscribe to channels, access video on-demand, and live content. The company also offers a local.com platform where users can purchase subscriptions to support creators and access exclusive content.
Rumble recently announced that President Donald Trump has created an official White House channel on the platform.
For the third quarter of 2024, the company reported revenue of $25.1 million, up by 39% from the same period of 2023. Net loss amounted to $31.5 million, which compares to a net loss of $29 million in the comparable quarter of 2023. Adjusted EBITDA was a loss of $23.5 million, reflecting a $11.9 million improvement from the third quarter of 2023. As of September 30, 2024, Rumble’s balance of cash, cash equivalents and marketable securities was approximately $132 million.
On February 7, three insiders made several sales of Rumble shares, out of which one transaction was valued at $28.63 million. The company’s CTO, Wojciech Hlibowicki, sold 3,817,165 shares at a price of $7.50 per share. Currently, the stock is trading at $8.25 per share, having lost 36.59% since the beginning of the year. Over the past 12 months, Rumble returned 21.48% to its investors.
Three analysts have an average “Buy” rating on the stock, with a price target of $16.50, writes TipRanks. The average price target suggests a 100.00% upside from the current price.
Rumble is also one of the 10 hot software stocks with high upside potential.
3. Cadence Design Systems, Inc. (NASDAQ:CDNS)
Highest Individual Sale: $28,876,810.00
Number of Sales Above $20 million: 1
Market Capitalization: $66.652 billion
The third stock among 10 with at least $20 million in insider sales recently is a provider of software and hardware services worldwide, Cadence Design Systems. With its offering, the San Jose, California-based technology company enables customers to design and develop electronic systems. Its products are often used in the aerospace, automotive and consumer electronics sectors. Some of the company’s leading platforms are Jasper, Xcelium, and Palladium.
The company delivered solid fourth-quarter and full-year results on February 18, with a record backlog of $6.8 billion. Revenue in the quarter was up 13.5% to $1.356 billion as diluted net income per share increased to $1.24 compared to $1.19 a year ago.
On January 6, the president and CEO at Cadence Design Systems sold $28.88 million worth of the company’s shares for $310.00 per share. Since the beginning of the year, the stock declined 20.41% and is now trading at $239.15 per share.
For the fiscal 2024, Cadence Design Systems disclosed revenue of $4.64 billion, which compares to revenue of $4.09 billion in the fiscal 2023. GAAP diluted net income per share amounted was $3.85, which compares to $3.82 per share in the prior year. For the fiscal year of 2025, the company projects revenue in the range of $5.14 billion to $5.22 billion, and GAAP diluted net income per share in the range of $4.19 to $4.29. This earning report placed the stock among the top 10 AI news Wall Street is paying attention to.
As per data from TipRanks, fourteen analysts have an average “Strong Buy” rating on Cadence Design Systems stock, with a price target of $325.46.
2. Airbnb, Inc. (NASDAQ:ABNB)
Highest Individual Sale: $28,926,324.00
Number of Sales Above $20 million: 2
Market Capitalization: $83.74 billion
Airbnb is a globally recognized platform that enables hosts to offer accommodations and experiences to guests. The company is headquartered in San Francisco, California, but its marketplace has a portfolio of 8 million listings and 5 million hosts from around the world. It is regularly improving its platform and plans to introduce over 500 new features and updates in the upcoming summer release.
Jim Cramer recently commented on Airbnb stock saying it is a company that keeps growing amid strong travel demand. “When you travel, you need someplace to stay, don’t you? They (Airbnb) just reported excellent numbers. These were cyclical stocks before COVID, but now they’re secular, meaning they seem to have growing growth no matter what.”
Airbnb is also one of the 12 companies Bezos is investing in.
On February 14, chief strategy officer, Nathan Blecharczyk, sold $28.93 million worth of shares for $158 per share. Having gained 0.31% since the beginning of the year, the stock is now trading at $131.82 per share. Over the past 12 months, Airbnb shares declined 19.40%.
As per 31 analysts, Airbnb stock is “Hold”, and its price target is $147.26, according to StockAnalysis. The average price target forecast suggests a 9.81% upside from the latest price.
1. Robinhood Markets, Inc. (NASDAQ:HOOD)
Highest Individual Sale: $29,372,100.00
Number of Sales Above $20 million: 2
Market Capitalization: $39.7 billion
First among the 10 stocks with a minimum of $20 million in insider sales since the beginning of the year is a software company with the most popular retail stock trading platform in the U.S., Robinhood Markets. Its platform allows users to invest in stocks, ETFs, American depository receipts, options, gold, and cryptocurrencies.
On January 2, Robinhood’s CEO, Vladimir Tenev, sold $29.37 million worth of the company shares at a price of $39.16 per share. Year-to-date, the stock gained 16.51% and is now trading at $43.42 per share. Over the past 12 months, Robinhood returned 163.81% to its investors.
Jim Cramer recently praised the stock saying, “They’ve developed a lot of products to be able to capture the eighty four to eighty six billion dollars that’s being transferred from Baby Boomers to the different other generations. They have been able to get clients, like the GameStop clients, and then, actually take them for many years and then move them up. They have fantastic 3% IRA match if you there. I was very impressed. And they’re engineers. And their site is so exciting not in the way it used to be with the balloons, but in terms of like if you want to understand futures, you want to trade on their site.”
For the full 2024, the company reported revenue of $2.95 billion, up by 58% year-over-year. Net income improved by $1.95 billion from 2023, reaching $1.41 billion, or diluted EPS of $1.56, compared to a net loss of $540 million, or diluted EPS of $0.6 in 2023. Adjusted EBITDA increased 167% year-over-year to $1.43 billion.
Seventeen analysts have an average “Moderate Buy” rating on Robinhood stock with the average price target of $60.13, according to MarketBeat.
Overall, HOOD ranks first among the 10 stocks with at least $20 million in insider sales recently. While we acknowledge the potential of HOOD, 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 HOOD 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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