Hello,

Welcome to our flagship newsletter, MarketBeat Daily Ratings.

We'll deliver the latest "Buy" and "Sell" ratings from Wall Street's top-rated analysts directly to your inbox each morning.

But first, we need you to do two quick things:

1. Hit reply, and send a simple "Yes." Just one word. This tells Google (and other emails providers) that you actually want to get our newsletter.

2. After that, this link to confirm your subscription. That will tell us that you received our welcome email and that we should start sending your daily report. 

Confirm your subscription here.

After you have completed these two steps, we would like to gift you a free copy of one of our most popular investing reports: 7 Stocks to Buy and Hold Forever. You can download the report with this link.

Thank you again for subscribing. We look forward to being an important part of your investing journey

Matthew Paulson
Founder and CEO, MarketBeat.

P.S. If you didn’t intend to subscribe, no problem—you can unsubscribe with this link.

(ARReply-161)

Insider Sales Eclipse $450M Across 3 AI Winners, With NVIDIA Leading the Pack

Author: Leo Miller. First Published: 9/10/2026.

The AI buildout is creating winners across several key industries, including computing, power machinery and software. Notably, after strong recent performance, three leading names across these sectors have seen significant insider selling, totaling more than $450 million.

This pattern of sizable gains followed by large insider sales can signal negative sentiment among company insiders. However, that is not always the case, making it important to examine these transactions closely to determine what they really mean.

NVIDIA Sees More Than $350 Million in Sales After Earnings Surge

Trump goes "all-in" on Grand Canyon energy breakthrough (Ad)

A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.

While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.

One company controls the entire supply chain behind this discovery.

See the ticker behind this Grand Canyon energy breakthrough now

While NVIDIA (NASDAQ: NVDA) needs no introduction, the company recently achieved something it had not done in quite some time. Following its latest earnings report, NVIDIA shares soared 8.7%.

This marked the first time the stock had risen after earnings in more than a year and represented NVIDIA’s largest post-earnings gain in more than two years.

The gain came after the company guided for 70% growth in its next fiscal year, substantially higher than consensus estimates. The stock is up approximately 20% in 2026, solidly outperforming the S&P 500’s 11% gain.

The stock has recently seen some hefty insider sales following this rally. Since NVIDIA’s report, $385 million worth of sales have been reported. The vast majority came from director Mark Stevens. Stevens’s sales were not made under a 10b5-1 plan, indicating that they were discretionary. However, Stevens still holds nearly 29 million NVIDIA shares, so these sales represent slightly less than 10% of his total position.

Overall, these sales are a somewhat negative indicator but are not overly worrisome. They came primarily from one individual and represented only a moderate reduction in his position. A more troubling situation would involve many insiders selling large percentages of their holdings.

Caterpillar CEO Sells, Realizing Big-Time Profits

Caterpillar (NYSE: CAT) has been another substantial beneficiary of the AI buildout. The company has attracted significant demand for its reciprocating engines, turbines and diesel generator sets. Data center operators often use these machines to provide backup power to their facilities, and Caterpillar is also seeing opportunities to provide primary power.

In its latest quarter, Caterpillar’s power generation business grew 72% year over year. Caterpillar’s data center success has helped the stock deliver a return of about 40% this year, despite CAT trading more than 20% below its highs.

CEO Joseph Creed recently sold more than $26 million worth of CAT shares. These sales were not made under a 10b5-1 plan and represented a very large percentage of Creed’s holdings.

Creed exercised options for 44,404 shares. After using more than 12,000 shares to pay the exercise price and his tax liability, he sold the remainder.

This reduced his combined direct and indirect ownership by more than 45%.

Creed generated a massive return from these options, exercising them at nearly $220 and selling the shares for more than $800. It is difficult to fault him for turning those gains into cash. Realizing these substantial profits was likely the primary motivation for the sale, rather than a negative view of CAT’s outlook. Nonetheless, the transaction is difficult to ignore entirely and suggests that Caterpillar’s CEO may see more limited upside ahead.

Elastic Soars as AI Products Gain Traction; Insider Sales Exceed $70 Million

Last up is cybersecurity company Elastic (NYSE: ESTC), which has seen significant demand for its AI offerings. In its latest earnings report, the company noted that 37% of its customers with more than $100,000 in annual contract value (ACV) now use Elastic for AI.

That figure is up significantly from 21% a year ago, with more than 670 customers now using the product. Furthermore, the company said customers that have adopted its AI solutions have a greater propensity for growth than non-AI customers.

Overall, Elastic added more than 80 new customers to its over-$100,000 ACV cohort, its largest sequential net addition ever. The company attributes much of this success to AI adoption, with shares up approximately 60% over the last six months.

The company saw a flurry of insider sales after the earnings report, which was followed by a more than 19% rise in its shares. Total sales after earnings amounted to $72 million, none of which were made under 10b5-1 plans. Three separate insiders sold shares, but Chief Technology Officer Shay Banon accounted for by far the largest portion. Across Banon’s direct and indirect holdings, his position fell by more than 10%.

Elastic’s strong recent performance, combined with sales by multiple insiders and Banon’s sizable but not overwhelming reduction, creates a mildly negative indicator for the stock.

Watch Item: Creed’s Future Insider Trades

The headline insider-sale numbers across these three stocks look significantly worse at first glance than they do upon closer examination. Among the group, additional sales by Caterpillar’s CEO are the most worth watching. In particular, if Creed sells shares unrelated to option exercises, that would provide a stronger negative signal. Meanwhile, Wall Street analysts remain significantly bullish on CAT. The MarketBeat consensus price target of $995 implies upside of approximately 20%.