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Insider Selling Highest Since Summer: BlackRock, Comcast, Loews, Boston Beer and More

As we get closer to the holidays and the end of the trading year, one thing is crystal clear: insiders who waited through a brutal market sell-off and retest are running out of time. With corporate windows just opening back up, the insiders are selling stock at a pace that we haven’t seen in some time. Investors should not be surprised, as many have waited perhaps longer than expected due to the market volatility this fall.

We cover insider selling every week at 24/7 Wall St., and we like to always remind readers that just because an individual or 10% institutional owner is selling stock, that is no cause for immediate alarm. Many top executives, and even directors, are compensated with stock and often sell just to diversify or purchase other assets.

Here are companies that reported notable insider selling this past week.

BlackRock Inc. (NYSE: BLK) had the man at the top of the money management giant selling stock last week. CEO Larry Fink parted with 39,689 shares at prices that ranged from $353.19 to $358.71 apiece. That netted him right at $14.2 million. The firm primarily provides its services to institutional...