Oct 26, 2007 113 reads by Navneet Kaushal

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Terry Semel exercised his options and sold off 750,000 shares of Yahoo's stock for $20 Million at $29 to $29.90 apiece, according to a Securities and Exchange Commission filing Tuesday, informs CNN Money.

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“In a Form 4 filed with the SEC, Terry Semel reported he exercised options for $15 apiece and then sold all the shares the same day for $29 to $29.90 apiece. Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.”

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Of late, Yahoo's share price has increased after the announcement of Yahoo's earnings report was positive.

Navneet Kaushal

Navneet Kaushal

Navneet Kaushal is the founder and CEO of PageTraffic, an SEO Agency in India with offices in Chicago, Mumbai and London. A leading search strategist, Navneet helps clients maintain an edge in search engines and the online media. Navneet's expertise has established PageTraffic as one of the most awarded and successful search marketing agencies.
Navneet Kaushal
Navneet Kaushal
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