Have Insiders Sold Huntington Ingalls Industries Shares Recently?

An Independent Director at Huntington Ingalls Industries recently sold US$241k worth of shares, representing 24% of their holding. While there have been insider sales, the largest one by an Executive VP was at a price well above the current share price, suggesting it may not indicate a lack of confidence at present levels. Overall, insider selling has outpaced buying, and while insiders own a small percentage of shares, the company is profitable.