Insider Selling: Alibaba Group (NYSE:BABA) Insider Sells $59,216.82 in Stock
MarketBeat
Alibaba Group Holding Limited (NYSE:BABA - Get Free Report) insider Fang Jiang sold 4,898 shares of the business's stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $12.09, for a total value of $59,216.82. Following the sale, the insider owned 5,559,511 shares in the company, valued at approximately $67,214,487.99. The trade was a 0.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NYSE:BABA