Thread regarding Dell Inc. layoffs

Dell leaders selling shares

President, Global Sales William F Scannell sold 126,001 shares of DELL stock on 10/07/2020 at the average price of $67.26. The price of the stock has decreased by 9.75% since.

COO & Vice Chairman Jeffrey W Clarke sold 133,418 shares of DELL stock on 10/26/2020 at the average price of $67.73. The price of the stock has decreased by 10.38% since.

General Counsel & Secretary Richard J Rothberg sold 63,653 shares of DELL stock on 10/14/2020 at the average price of $70.78. The price of the stock has decreased by 14.24% since.

Why in Trumpnation would they sell when fortunes are good?

https://finance.yahoo.com/news/dell-technologies-inc-dell-cfo-041502861.html

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Post ID: @OP+17JMAPiq

6 replies (most recent on top)

Karen Quintos sold her stock and half a year later "retired".

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Post ID: @ipmf+17JMAPiq

"he's a good man"

Everytime i see his smug grin in an email, my immediate reaction is "oh great, now what shi**y news is coming?"

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Post ID: @2uhh+17JMAPiq

I don’t know either of them but when I hear Jeff present I just don’t buy it when it comes to the enterprise space. Laptops, PC’s yeah... datacenter, software, cloud etc... nah, comes across like a used car salesman

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Post ID: @1mff+17JMAPiq

Jeff has been at Dell for ever and isnt an EMC'r, he's a good man

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Post ID: @urs+17JMAPiq

Jeff and Bill are EMCers. I do not think they can be trusted..

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Post ID: @csa+17JMAPiq

Does this mean they're doing a quick cash grab or do they anticipate that the stock has reached it's limit and won't go much higher?

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Post ID: @hnm+17JMAPiq

Yes, this was already discussed in an earlier thread.

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Post ID: @apo+17JMAPiq

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