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ebrie014

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ebrie014

Re: SteveSwims post# 5292

Friday, 09/20/2019 7:30:07 PM

Friday, September 20, 2019 7:30:07 PM

Post# of 9631
I agree,

CEO selling is not seen as a positive thing. That being said given how much the current CEO owns i'm not too concerned (and am surprised this is his first sale since I can remember).

The sale represented ~2% of his total position which is minimal given he still owns close to 19% of the company. He just got assigned stock grants as well so net net his position is higher in the company. Who knows maybe he bought a new house or something? Quite reasonable with your net worth is tied so such to one company. I'm not concerned by one sale but would be more concerned if I see many of them.
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