Jun 16, 2016

Posted by in Stock Reports | 0 Comments

Insider Selling Activity: Facebook Inc (NASDAQ:FB), salesforce.com, inc. (NYSE:CRM), Stryker Corporation (NYSE:SYK)

Insider Selling Activity: Facebook Inc (NASDAQ:FB), salesforce.com, inc. (NYSE:CRM), Stryker Corporation (NYSE:SYK)

Insider trading is defined as a practice wherein trade of a company’s securities is undertaken by people who by virtue of their work have access to the otherwise non public information which can be crucial for making investment decisions.

In order to be able to use insider transactions to help you invest more wisely, you need to know the importance of the dollar value of the insider transactions you are watching. Continual purchases over the span of a few weeks tend to mean the insider is trying to buy in a big way. Also, keep things in perspective by understanding how much of an increase or decrease in the amount of shares owned will occur because of this transaction. The proportionate sizes of the transaction are extremely important.

Facebook Inc (NASDAQ:FB) saw an insider sell on June 14, 2016 that may make shareholders worried. Schroepfer Michael Todd, Chief Technology Officer, sold 20,000 shares at $114.07 a piece. The total sale came to $2,281,400, leaving the total count to 559,862 shares. Its shares currently owned by company management are 0.30% while institutional investors own about 71.40%. The 6-month change recorded in total insider ownership was -70.42%. On the other side, 2.24% change in total institutional ownership has been reported for the 3-month period.

Moving on to the second insider trade which involved Benioff Marc, a Chairman of the Board & CEO at salesforce.com, inc. (NYSE:CRM) sold 12,500 shares at $82.21 per share to trim the total holding at 35,412,500 shares. Its shares currently owned by company management are 0.10% while institutional investors own about 88.00%. The 6-month change recorded in total insider ownership was -75.65%. On the other side, 1.29% change in total institutional ownership has been reported for the 3-month period.

Stryker Corporation (NYSE:SYK) also received some insider trading action as STRYKER RONDA E, who the company’s Director is sold some 6,000 shares at a price of $114.09 per share to the holding that now comprises of 7,914,233 shares. Its shares currently owned by company management are 0.40%. The 6-month change recorded in total insider ownership was -78.40%. On the other side, 3.48% change in total institutional ownership has been reported for the 3-month period.

 

Comments are closed.