https://finance.yahoo.com/news/insiders-wells-fargo-sold-us-110039098.html
6 replies (most recent on top)
“Insiders” rebalance their portfolio too .
I sell my RSUs the day they become available to do so which as of this posting was last Friday.
According to the last 10K filing, there's a total of 66,834,666 outstanding # of shares to be issued upon exercise of options, warrants, and rights from approved equity compensation plans. A sale of $6 million is < 1% of this. You don't think any executives or regular employees sell their RSUs or exercise stock options when they vest?
This is my shocked face.
insider sales can happen for many different reasons other than the company is doing poorly.
At some point the loss or reduction of revenue streams has to begin hurting the bottom line. Less gross will lead to less net...