The Nasdaq 100 closed lower by over 100 points on Tuesday. Investors, meanwhile, focused on some notable insider trades.

When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.

Below is a look at a few recent notable insider sales. For more, check out Benzinga's insider transactions platform.

Amazon.com

• The Trade: Amazon.com, Inc. (NASDAQ:AMZN) Executive Chair Jeffrey P Bezos sold a total of 14,006,906 shares at an average price of $168.95. The insider received over $2,366,427,695 from selling those shares. The company's other executives also sold company's shares.
• What's Happening: Amazon.com was selected to join the Dow Jones Industrial Average (DJIA).
• What Amazon.com Does: Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021.

Have a look at our premarket coverage here

Crocs

• The Trade: Crocs, Inc. (NASDAQ:CROX) Director Ian Bickley sold a total of 16,785 at an average price of $120.05. The insider received around $2.01 million from selling those shares.
• What's Happening: Crocs reported better-than-expected fourth-quarter financial results.
• What Crocs Does: Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children.

Sanmina

• The Trade: Sanmina Corporation (NASDAQ:SANM) Director Susan A Johnson sold a total of 1,000 shares at an average price of $60.64. The insider received around $60,640 from selling those shares.
• What's Happening: Sanmina reported better-than-expected first-quarter financial results.
• What Sanmina Does: Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets.

S&P Global

• The Trade: S&P Global Inc. (NYSE:SPGI) CEO and President Douglas L. Peterson sold a total of 6,000 shares at an average price of $424.74. The insider received around $2.54 million from selling those shares.
• What's Happening: S&P Global announced an agreement to acquire Visible Alpha.
• What S&P Global Does: S&P Global provides data and benchmarks to capital and commodity market participants.