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Topic - Rory Maher
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The information is important "because if you are an investor who has been sitting on the sidelines waiting for a good time to buy the stock, you might decide to stay on the sidelines for a little longer after seeing which insiders decided to sell their stock," CapStone Investments analyst Rory Maher said.
Because those investors had put up little compared with the shares' value today, "you can understand why they would want to take some of their money off the table now," Maher said. "But at the same time, you have to wonder if they're thinking that Facebook isn't much of a bargain anymore."