The Nasdaq 100 fell slightly on Friday. 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.

Apple

• The Trade: Apple Inc. (NASDAQ:AAPL) Principal Accounting Officer Chris Kondo sold a total of 4,999 shares at an average price of $190.40. The insider received around $951,785 from selling those shares.
• What's Happening: Apple's iPhone 16 Pro Max is expected to feature a battery with increased energy density and a stainless steel housing, according to a new supply chain report.
• What Apple Does: Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses.

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Snap

• The Trade: Snap Inc. (NYSE:SNAP) CFO Derek Andersen sold a total of 26,682 shares at an average price of $15.72. The insider received around $419,350 from selling those shares.
• What's Happening: On May 9, Snap announced the pricing of a private offering of $650 million of convertible senior notes due 2030.
• What Snap Does: Snap owns one of the most popular social networking apps, Snapchat, claiming more than 400 million daily active users as of the end of 2023.

Williams-Sonoma

• The Trade: Williams-Sonoma, Inc. (NYSE:WSM) President and CEO Laura Alber sold a total of 20,000 shares at an average price of $318.53. The insider received around $6.37 million from selling those shares.
• What's Happening: On May 17, Wedbush analyst Seth Basham maintained Williams-Sonoma with an Outperform and raised the price target from $330 to $350..
• What Williams-Sonoma Does: With a retail and direct-to-consumer presence, Williams-Sonoma is a player in the $300 billion domestic home category and $450 billion international home market, focused on expanding its exposure in the B2B ($80 billion total addressable market), marketplace, and franchise areas.

Pinterest

• The Trade: Pinterest, Inc. (NYSE:PINS) Director Gokul Rajaram sold a total of 1,934 shares at an average price of $42.25. The insider received around $81,712 from selling those shares.
• What's Happening: On April 30, Pinterest said first-quarter revenue increased nearly 23% year-over-year to $740 million, which beat the consensus estimate of $699.872 million.
• What Pinterest Does: Pinterest is an online product and idea discovery platform that helps users gather ideas on everything from cooking recipes to travel destinations.