I believe you are right. Very sophisticated long term investors have ongoing sales to unwind their positions from January continuing through October and possible well beyond. These include Bay Mgmt, Presidio Mgmt, Steven Krausz, Neal Dempsey, and others. I expect this very large insider selling, will continue to constrain the stock price for sometime. Be particularly alert to insiders using the expected strong reception to the upcoming WDAY IPO, as an opportunity for additional selling. At a PE of 127, and 5 year PEG of nearly 10 the stock price already reflects strong revenue and margin growth expectations.Furthermore any pullback in the broader market failure to meet lofty expectations in the December 3 quarterly release, could result in a precipitous share price decline. Breaching the 150 SMA of $ 27.67, or even challenging the August 15 low of $ 24 is plausible. This may indeed be a stock where " fools are walking in where wise men fear to tread ".