SEO News
Search

Google Insiders Sell and Make Huge Profit

by , Comments

The Mercury News article: Bonanza from Google stock's rise, reports on the more than $2.1 billion Google "insiders" have realized since the company went public last August.

In May, Googlers sold just shy of $400 million of stock, second nationwide only to the $515 million in sales by Microsoft insiders, according to Bloomberg News data.Since the Mountain View company's IPO, Page and Brin have sold stock worth $619 million and $589 million, respectively, while Schmidt's sales have totaled about $191 million. In May, Page and Brin sold 400,000 shares each, fetching $93 million and $90 million, respectively. Schmidt sold $29 million. Page and Brin have sold similar numbers of shares in June, too. Thanks to the stock's steady rise, the sales totaled nearly $116 million for Brin and $111 million for Page.

SES LondonOptimising Digital Marketing Campaigns with Search, Social and Analytics
At SES London (9-11 Feb) you'll get an overview of the latest tools, tips, and tactics in Paid, Owned, Earned, Integrated Media and Business Intelligence to streamline your marketing campaigns in 2015. Register by 31 October to take advantage of Early Bird Rates.

Recommend this story

comments powered by Disqus