Weekly Insider Money Tracking: BlackRock CEO Larry Fink Sells $25 Million in Stock
1 | Below is a look at the top insider trades with the biggest value in the past week.
$Blackrock (BLK.US)$ CEO Larry Fink sold about $25 million of stock in the company, or 7% of his stake, according to a security filing Thursday.
Fink unloaded roughly 35,800 shares, mostly at $694.36, in the Tuesday sale. BlackRock stock was down 0.3% in early trading Friday at $693.35.
The sale amounted to 7% of Fink’s stake in the leading investment manager and left him with about 484,000 shares, worth $335 million.
2 | Weekly Congress tracking
There is no congress trading activity filings for the week.
Despite their influence and extensive access to information, members of Congress can buy and sell stocks with few restrictions. Individual investors could potentially make use of thisalternative data of the latest Senate stock disclosuresto obtainmarket insights.
Source: Benzinga, Finviz, UnusualWhales
Disclaimer: Past performance can't guarantee future results. Investing involves risk and the potential to lose principal. This article is for information and illustrative purposes only.
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