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(MT Newswires) -- Guy Chiarello, Chief Operating Officer, on January 04, 2023, sold 4,000 shares in Fiserv (FISV) for $408,600.
I guess he doesn’t think the rocket is going to ride to $200.
7 replies (most recent on top)
He has been selling on average $1.5MM a month for the past couple years. It is only noteworthy that he only sold that much.
The rocket is flying straight into the ground.
Insider trading?
Or possibly,he is diversifying his portfolio. It's not a great idea to keep too much stock in one's company. I am thinking like an investor.
It could have been his bonus shares vesting. I would take them out too.
When the execs are offloading their stock that speaks volumes...
He has millions of shares. 4000 is nothing to him, neither is the loss if the stock goes up. He just needed some pocket change to start his new year. (Insert rolling eyes here)