Microsoft stock records a rare insider sale

Although members of the “Magnificent Seven” and their stocks have experienced notable insider trading activity in 2024 due to a stock market rally, Microsoft (NASDAQ: MSFT) has been a notable exception, with only seven sales this year.However, August 23 saw a deviation from this trend. Microsoft’s CEO, Satya Nadella, offloaded 14,398 MSFT shares at an average price of $417.41 per share for a total profit of just above $6 million.Insider sales of MSFT stock. Source: Barchart This transaction marks only the s ...