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Gigantic Technology Titan Trades Highlight Insider Selling: Google, Facebook, Broadcom, Netflix and More

As 2016 draws to a close, insiders are taking advantage of all-time record highs in the markets to do some end of the year selling, and boy did they ever sell. We saw some of the biggest names in the technology world selling shares last week, and probably we will see a fair amount this coming week as we wrap up a very strong year for the markets.

We cover insider selling every week at 24/7 Wall St., and we like to remind readers that just because an individual or 10% institutional owner sells stock, that is no cause for immediate alarm. Many top executives, and even directors, are compensated with stock and often sell just to diversify portfolios or purchase other assets.

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Here are companies that reported notable insider selling last week.

Alphabet Inc. (NASDAQ: GOOGL) had the man at the top of the search giant selling shares this past week. Lawrence Page shed two blocks of 33,332 shares. The first block was priced...