CEO selldown, page-3

  1. 1,252 Posts.
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    Yes, not sure what is more significant, an 18% increase in revenue for the last quarter or the CEO selling $8.4m worth of shares leaving him with a mere $28m worth. His job is to run the company not worry about market sentiment.

    When Mr Mirkazemi's company Morfik Technology was acquired by Altium in 2010 those $8.4m worth of shares were worth less than $1m. He has worked his way up through Altium since then during a very successful period for the company to become the CEO as recently as January this year. I'm sure this is an indication that he thinks there are bad times ahead.
 
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