We recently published a list of 10 Stocks Insiders Sold in April After Trump’s Tariff Rollout. In this article, we are going to take a look at where Beacon Roofing Supply, Inc. (NASDAQ:BECN) stands against other stocks that insiders sold 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.
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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A construction site with workers wearing hard hats and safety vests, installing roofing materials.
Beacon Roofing Supply, Inc. (NASDAQ:BECN)
Beacon Roofing Supply, Inc. (NASDAQ:BECN) is a distributor of residential and commercial roofing products, along with complementary building materials, to contractors, builders, and retailers in the U.S. and Canada. The company offers a wide range of products including roofing materials, insulation, siding, decking, and various tools and safety gear.
Recently, Beacon Roofing Supply (NASDAQ:BECN) announced it has entered into a definitive merger agreement under which QXO will acquire Beacon for $124.35 per share in cash.
This month, six insiders, including the CTO, sold a total of $11.39 million worth of Beacon Roofing (NASDAQ:BECN) shares at an average price of $123.39 per share. Insiders used the price gain to sell the shares before the QXO acquisition is completed. The stock increased 20.11% year-to-date, currently trading at $122.01 per share.
Cramer recently commented on the stock and said, “Beacon is roofing, and it got bought by Brad Jacobs through an entity that he created. That company’s PE was compressed because of the housing problem. But if you have really bad tariffs, and they eventually go after Canadian lumber, then you’ll regret you did any of these cause housing will crater. But if they don’t go after lumber. . .”
Overall, BECN ranks 1st on our list of stocks that insiders sold in April after Trump’s tariff rollout. While we acknowledge the potential of BECN, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BECN but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
