Vertex Pharmaceuticals Incorporated EVP Sells 122K Shares and 4 Insider Sales to Note. This happened when stock was $80 then it proceeded to go up to $87 after the stock sale. As slumdawg says, everyone has personal reasons, college education, sick family member or new house etc. Also, one needs to manage the tax burden. Can't leave all for a single cash out. This should not encourage anyone to sell, however shorts will use it to separate you from your shares or discourage new buying.
The only people selling are IMGN execs. The VP must be building a new house, or buying a bigger boat. I hope that sale doesn't tank us on Mon, since DJ's sale did big time. I'm hoping to see 20 Tues but that sale might have killed the momentum.