RFID Toll Collection Generates ₹8,000 Crore in Gains: Gadkari

Union Road Transport Minister Nitin Gadkari stated that toll collection through RFID has resulted in gains of ₹8,000 crore and expects additional gains of ₹10,000 crore with further expansion. Gadkari noted that RFID has revolutionized toll collection, reducing long queues and increasing toll collection. Monthly passes have also been introduced to provide convenience to commuters.

In the past week, several prominent corporate executives and officers have sold significant shares of their respective companies. This insider activity, tracked by sources such as VerityData, is often scrutinized by investors who believe it may indicate deeper issues within the companies. Here are some notable sales:

- Nvidia: Director Dawn Hudson sold 90,000 shares at an average price of $170.90, totaling $45.5 million. This sale reduced Hudson's holdings by 20%. Despite the insider selling, Nvidia's shares have been up 21% over the past three months Nvidia and these other stocks saw big insider selling last week^[1].
- Roivant Sciences: Investor Vivek Ramaswamy sold 1.8 million shares at an average price of $12.65, totaling $22.5 million. Shares of Roivant Sciences have climbed 15% in the last three months Nvidia and these other stocks saw big insider selling last week^[1].
- Quantum Computing: CEO Yuping Huang sold 1 million shares at an average price of $14.42, totaling $14.4 million. Quantum Computing stock has rallied 15% in the last three months Nvidia and these other stocks saw big insider selling last week^[1].
- Vital Farms: Officer Matthew O'Hayer sold 200,000 shares at an average price of $51.56, totaling $10.3 million. Verity noted cluster selling among other directors and officers at Vital Farms, with six insiders selling a total of $13 million over the past 30 days. Shares of Vital Farms have surged 65% in the last three months Nvidia and these other stocks saw big insider selling last week^[1].
- Toll Brothers: CEO Douglas Yearley Jr. sold 25,000 shares at an average price of $138.26, totaling $3.5 million. Shares have risen 33% in the past three months Nvidia and these other stocks saw big insider selling last week^[1].
- Fabrinet: Director Rollance Olson sold 9,000 shares at an average price of $334.12, totaling $3 million. President and COO Gill Harpal also sold 14,200 shares at $355.15 each, totaling $5 million. Verity flagged cluster selling with five insiders at Fabrinet, including the company's CFO, selling $21.5 million shares over the past 30 days. The stock has surged 44% over the prior three months Nvidia and these other stocks saw big insider selling last week^[1].
- Corning: Officer Eric Musser sold 20,000 shares at an average price of $70.23, totaling $1.4 million. Shares of Corning have rallied 37% over the prior three months Nvidia and these other stocks saw big insider selling last week^[1].
- Applied Digital: CEO Wes Cummins sold 400,000 shares at an average price of $15.26, totaling $6.1 million. Meanwhile, CFO Mohmand Mohammad Saidal LaVanway sold 75,000 shares at an average price of $15.26, totaling $1.1 million, reducing his holdings by more than a quarter. Shares of Applied Digital are up 40% over the prior three months Nvidia and these other stocks saw big insider selling last week^[1].

While insider selling can be a red flag for investors, it's essential to consider the context and other factors that may influence stock performance. The recent surge in stock prices for many of these companies suggests that the insider selling might not necessarily indicate immediate issues.