Ryan Cohen: eBay insiders sold over $120 million and bought no shares in five years

Ryan Cohen: eBay insiders sold over $120 million and bought no shares in five years
Ryan Cohen on eBay insider activity

eBay insiders have collectively sold more than $120 million in company stock over the last five years, while not purchasing any shares on the open market during the same period, according to comments from Ryan Cohen. The pattern of insider sales without corresponding purchases can be regarded by market participants as an indicator of management's confidence, or lack thereof, in the long-term prospects of the company. Cohen flagged these figures in a post intended to draw attention to eBay's governance and capital allocation practices.

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