Facebook Inc (FB): $ 736.6M of stock sold by Mail.ru Group Ltd; 1 Additional Transaction

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May 28, 2012 (MMD Newswire) -- Mail.ru Group Ltd sold 19,600,699 shares of Facebook Inc stock, or $736,633,470 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on May 22, 2012.

In addition, Mail.ru Group Ltd performed several other transactions, including using transaction codes 'C' (conversion of options).

As noted on May 24, 2012, Mail.ru Group Ltd's sale was done directly over 1 transaction on May 22, 2012. The share price for the transaction was $37.58 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Mail.ru Group Ltd has sold no shares of Facebook Inc stock. Over the same time period, Mail.ru Group Ltd has purchased no shares of Facebook Inc stock.

Let's take a quick, high-level look at insider trading at Facebook Inc over the past 12 months. A total of 358,869,715 shares of Facebook Inc stock was sold by insiders, totaling $13,486,587,182. Over the same time 12 month time period, no shares of Facebook Inc were purchased by company insiders.

Source: SEC Filings
 

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