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Thiel, Bezos and Zuckerberg join parade of insiders selling tech stocks

Bosses sell hundreds of millions of dollars in company shares this quarter in sign that markets may be peaking
Left to right: Peter Thiel, Jeff Bezos and Mark Zuckerberg

Peter Thiel, Jeff Bezos and Mark Zuckerberg are leading a parade of corporate insiders who have sold hundreds of millions of dollars of their companies’ shares this quarter, in a signal that recent stock market exuberance could be peaking.

As markets hit record highs, the ratio of corporate insider selling to insider buying is at the highest level since the first quarter of 2021, according to Verity LLC, which tracks insider trading disclosures.

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