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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