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What is interesting is our a lot of Xerox’s senior staff has been consistently selling off their shares, and many did a did a big buy/sell on 7/1/2013 of shares.
No buy and hold. Just constantly buy and turn around and sell.
My guess is many of these folks got vested in options and did a straight sell off of those options for cash.
Some of the senior staff did multiple sells (maybe multiple options?) that day as well.
The CEO also did a buy/sell, buts the info on it isn’t available yet for July. But if you look at her history, she never hangs onto the stock, she sells it as quick as she gets it.
On the positive side, some of the board did a buy in Mid July.
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