02-21-2022, 03:00 PM
(02-21-2022, 11:01 AM)MrFortune Wrote: I find it very interesting that all these top CEO and CFO's of the biggest tech companies are selling shares at 52 week lows. This tells me they see further downside in tech and their own shares.
The biggest insider selling over the past few weeks are
CRM
ENPH
FB
LSCC
NET
MRNA
SNAP
Z
MA
ROKU
DDOG
SCHW
Biggest insider buys
MGM
PENN
D
JAKK
BA
OPK
WRBY
As you can see no tech insider buys at all. Just something to keep in mind
Not sure where you that information comes from. I checked CRM in Fidelity and all the recent insider sales were one of three items - an executed option, an automatic sale, or, particularly in December, a non-open market zero-value sale. None of those fit in the category of insider selling in a traditional sense. There were no open market sales going back to early December. Not gonna check further - FB is the only one on that list I might buy and it's just dirt cheap. Don't really like the company long-term but not too many companies with 30% annual growth sell at a 17PE. I can sell for gains in an IRA.