In this section we bring to your notice our updates on insider trading. Today we would like to bring to your notice a transaction in excess of $1 million made by the outgoing director of Blue Nile Inc.(NASDAQ: NILE), Mark Vadon. He offloaded 34378 shares in the open market at an average price of $38.51 and owns a further 130768 shares in the company.
$3 million is an eye popping amount. Isn’t it? Well, Demandware (NASDAQ: DWRE) CEO Thomas Ebling sold 75000 Demandware shares for an average price of $45.77, pocketing a cool $3,432,750. He now directly owns 211210 shares in the company after this transaction.
To see Blue Nile’s latest stock price movement, click here (NASDAQ: NILE)
To see Demandware’s latest stock price movement, click here (NASDAQ: DWRE)
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