Over the past year, Cintas Corporation (NASDAQ:CTAS) insiders sold a significant US$4.0 million worth of shares, particularly a large sale by the CEO. While the selling price was above the current market price, the overall trend shows more selling than buying. Despite high insider ownership (14%), these transactions suggest potential hesitancy among insiders, which shareholders should note.
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Cintas Insiders Sold US$4.0m Of Shares Suggesting Hesitancy
Over the past year, Cintas Corporation (NASDAQ:CTAS) insiders sold a significant US$4.0 million worth of shares, particularly a large sale by the CEO. While the selling price was above the current market price, the overall trend shows more selling than buying. Despite high insider ownership (14%), these transactions suggest potential hesitancy among insiders, which shareholders should note.