Preete Kerry J who is EVP, Global Strategy at Monsanto Co. (NYSE:MON), sold 25,490 shares at $105.56 per share for a total value of $2,690,638. The shares recently traded at $105.65, up $0.09, or 0.09% since the insider sale.
Fraley Robert T who is EVP, Chief Technology Officer at Monsanto Co. (NYSE:MON), sold 6,000 shares at $105.54 per share for a total value of $633,243. The shares recently traded at $105.65, up $0.11, or 0.1% since the insider sale.
they have options as part of income and have to sell by end of next week (10 years after issue_)- this means the stock will go higher after April 24. They also sell as part of a preset program - they can't control when it sells too much.stock option not sold by April 24 get totally lost in value versus teh 700% gain they have over 10 years. The company also buys back to reduce dilution and eth compnay just said they would extend the buyback beyond option buy backs so expect $120 soon
It means nothing ~ years ago I was scared away from Qualcomm due to my thinking that seeing so many sell shares in the company was frightening. However, these guys above with large salaries and possibly no other investments, or at least none they watch as close as you or I, will often take profits on any move up, or any sideways move for that matter, cause they see things to buy! Many reasons to sell, but only one reason to buy! So don't wrongly assume, because some insiders sell that the price will or should fall.
Grant Hugh who is Chairman & CEO at Monsanto Co. (NYSE:MON), sold 248,960 shares at $105.43 per share for a total value of $26,246,708. The shares recently traded at $107.1, up $1.67, or 1.58% since the insider sale.