Last month brought on the selling from insiders as executives sold $6.7 billion of stock in August. The ringing of the cash register with the market at a high isn’t exactly a terrible thing, but it’s a reflection of the perception of valuation. A company that saw a lot of selling activity and notional value by insiders came from Bill.com Holdings Inc (NYSE: BILL) as the stock is falling from its 52-week high.
According to the Financial Times, the dollar value of insider sales by 1,042 chief executive officers, chief financial officers and directors was the most in the past five years. A...
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