Skip to main content
No. of Recommendations: 2
It sounds like you're a member of one of the Premium Subscription Services, but this is a public discussion board. Questions about companies that are recommended by one of the Premium Subscription Services should be asked in one of the proprietary discussion boards for that premium service. Select your service from the Premium Advice menu at the top of this page, then click on the Community tab and locate an appropriate discussion board for your question.

Generally speaking, 7m shares sold are not that many and those sells are registered in advance with the SEC to take place on a specific date, regardless of the market price. It's possible that many or most of them are simply executives exercising options for cash, to pay for a child's tuition (the legal way) or maybe to raise cash for tax purposes. I don't think it's anything to worry about.

Fuskie
Who notes premium service analysts are unlikely to respond in this forum...

-----
Ticker Guide for The Walt Disney Company (DIS), Intuit (INTU), CME Group (CME), MongoDB (MDB), TripAdvisor (TRIP), Live Nation (LYV), Vivendi SA (VIVHY)
Disclaimer: This post is non-professional and should not be construed as direct, individual or accurate advice
Disclosure: May own shares of some, many or all of the companies mentioned in this post (tinyurl.com/FuskieDisclosure)
Fool Code of Conduct: http://tinyurl.com/FoolCode
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.