On 02/27/14, RICHARD BARTON N,Executive Chairman reported a net SELL trade of Z with a net transaction amount of $3,751,942. Net non-zero shares traded: 43641. See below for more information on Zillow, Inc. with symbol Z traded on the NasdaqNM. Original SEC Filing Period of Report: 2014-02-26
I am (on purpose) posting this without much comment other than to say that my dad used to always tell me that when you want to SEE what people’s intentions are, the best practice was to follow the money. I appreciate Russ Shaw posting this on Facebook and was glad I found it. Some people may think that someone dumping that much stock at one time as not a big deal. For me it confirms what I need to know.
If I was basing my growth / leads / marketing around a company, I (personally) would choose one where the insiders are running TOWARD the fight rather than away from it. But that is just me. Essentially, if they are selling, should I be buying? Hmm?