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Does Insider Selling Really Give Reliable Signals?

Published 03/28/2012, 04:02 AM
Updated 07/09/2023, 06:31 AM


Robert P. Stiller, founder and chairman of Green Mountain Coffee Roasters Inc. (GMCR), sold $66.3 million of his stock before it plunged the most in four months on news that Starbucks Corp. (SBUX) had developed a rival to its K-Cup brewer.

Stiller’s combined sales on Feb. 15 and 24 were his largest in a single month since at least 2003, when the stock traded below $2, data compiled by Bloomberg show.




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What’s Your Take?



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