GOOG: Insider Transactions for GOOGLE - Yahoo! Finance
In the past 6 months there have been 8,289,620 shares sold by Google insiders with no shares purchased. The share price has climbed from just under US$200 in March up to US$305. Even if you take an average of $250 per share, that adds up to a massive total of US$2,072,405,000 (US$2 Billion). That is a lot of money.
I wonder why this hasn't been reported anywhere before?
Eric Schmidt, the company Chairman, has sold more than 100,000 shares since August alone. And there is an entry for the Schmidt Family Trust selling 253,290 shares at a value of US$71,755,252. And an entity called 'SCHMIDT INVESTMENT LP' has sold 75,000 shares at a value of US$19,158,750, and a sale of 10,671 shares at a value of US$3,015,517. Over US$90 M in shares sold by just the Chairman of Google. What does he know that we don't?