Isn't it smart to diversify. Isn't it human nature to want to splurge on some luxuries?
Sentiment: Strong Buy
Sheryl sold less rhen 2% of her holdings
Sandberg sold a total of 352,904 Facebook shares at prices ranging from $20.79 to $21.10. Sandberg still owns over 18M shares of Facebook, according to the regulatory filing.
If FB is going back to the 40s, why would you give up $7 million by selling so many shares in the 20s? Everyone but Muppets know the answer.