Following in the footsteps of major hedge funds in the recent tech-sell offs are the top insiders of big companies like Meta Platforms (FB). Last night saw major sell-offs for the social media giant, with numerous Form 4's filed with the SEC, disclosing top management’s informative sell-offs. Insiders at Facebook are clearly pessimistic about the stock’s near-term prospects` and have sold $6.6 million worth of Meta Platforms shares in the past three months. Topping the sell list was CTO Bosworth Andrew, who made an informative sell of 14,431 shares of FB stock worth $2.87 million at $198.62 price levels, and now holds 116,280 shares worth $23.26 million.
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