Sheryl Sandberg from Facebook Inc (NASDAQ:FB) is leaning in on the stock, selling 283,000 shares at a price of $74.33 in the social networking company as algorithmic traders are watching longer term support levels. After Sandberg’s sale she holds nearly 5.1 million shares with a total market value near $382 million. Sheryl Sandberg following Chris Cox in Facebook Inc (FB)’s share sales Sheryl Sandberg’s sale comes as earlier in November chief product officer Chris Cox reported in a Form 4 that he sold 5,437 shares of class-A common stock at $75.35 per share, leaving him with a total of 574,851 shares. Mike Schroepfer, the…
Sheryl Sandberg Sells Facebook Inc (FB) Shares
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.