EVP, Advisor to Management of Pioneer Natural Resources Co (30-Year Financial, Insider Trades) Chris J Cheatwood (insider trades) sold 8,235 shares of PXD on 12/06/2021 at an average price of $180.86 a share. The total sale was $1.5 million.
For the complete insider trading history of PXD, click here
.This article first appeared on GuruFocus.
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If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
In seven of the past eight quarters, the company disclosed preliminary results ahead of its earnings report, generally raising its guidance.