TTD Green massive insider sale

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I saw a headline that Green had sold $68 million in stock.

Probably not a huge amount given his holdings but have not seen that discussed.

Normally insider selling is mostly not relevant but there come times sometimes when maybe it is.

A service that tracks corporate insider selling said we were at all time highs for insider selling and yet corporations were buying back their own shares at the same time.

The service specified that it appeared to them corporate buying of shares was done to maximize share price value for executive insider selling.

This is in general, not specific, but I believe I brought this up as record levels of insider selling, in my anecdotal experience is a good sign of a top.

At this point however it may very well just be an interim top.

Tinker

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Sorry guys, meant this for another board, but TTD is topical nevertheless as the Fools promotional play the end of cable investment pick. And they might not be wrong, albeit TTD is more of an Asian investment for its future these days. But clearly is doing some things very well.

Tinker

3

I saw a headline that Green had sold $68 million in stock.

Probably not a huge amount given his holdings but have not seen that discussed.

From what I can gather, Green converted 428,359 Class B shares to Class A shares (1 for 1), and sold them.

After which Green’s total Class B shares remaining was 4,870,938. So the conversion/sale came to a bit under 10%.

http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=129…

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