Insider Trade Updates (Sep 09 - Sep 13)

The last week saw significant insider trades at Pandora media (NYSE:P). Two insiders, Trimble John and Gotcher Peter C, sold 142,614 shares between them, with Trimble John selling 80,000 shares. The total value of the insider sales came in at $3.19 million taking the total insider sales in August and September to a value of over $11 million.

Facebook Inc. (NASDAQ:FB) was another company which saw significant insider trading activity during the last week. Over the two days of Sep 10th and Sep 11th, insiders at the social networking giant offloaded a total of 210849 shares between them. The total value of insider selling over the two days amounted to $8.87 million with Sheryl Sandberg, chief operating officer, selling 175,452 shares for a total value of $7.71 million. The FB stock which had been on a bull run till recently has fallen by 5% since Sep 11th, the day of the last insider sale at the company.

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Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice. Buying and selling of securities carries the risk of monetary losses. Readers/Viewers are advised to carry out their own due diligence and consult their investment advisors before making any investment decisions. Neither Amigobulls, nor the author have any business relationship with any of the companies covered in this post.

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