15 Stocks With The Most Insider Sales In The Last Quarter

10. Confluent, Inc. (NASDAQ:CFLT)

Number of Insiders Selling: 12

Market Capitalization: $8.67 billion

Confluent, an operator of a data streaming platform, ranks tenth among the 15 stocks with the most insider sales in the last quarter. The Mountain View, California-based company offers platforms that allow customers to connect their applications, systems, and data layers comprising Confluent Cloud, a managed cloud-native software-as-a-service (SaaS); and Confluent Platform, an enterprise-grade self-managed software.

For the full fiscal 2024, Confluent disclosed revenue of $936.6 million, up 24% from $777.0 million. GAAP operating loss amounted to $419.1 million, compared to GAAP operating loss of $478.8 million in 2023. For the full fiscal 2025, Confluent expects subscription revenue in the range of $1.117 billion to $1.121 billion.

In November and December, 12 insiders, including the company’s CEO, CFO, and CTO, sold a total of $193.81 million worth of Confluent shares at an average price of $30.15 per share. Currently, the stock trades at $27.09 per share, having declined 3.11% since the beginning of the year and 13.45% over the past 12 months.

Based on 30 analysts’ estimates, Confluent has an average “Moderate Buy” rating with a 12-month price target of $35.33 per share. The average price target suggests an upside of 30.29% from the current price, according to MarketBeat.

Confluent was also among the 10 high-flying AI stocks last week.