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5 replies

castalla
Local Superstar
May 10, 2024

Well, this is awkward.

https://www.marketbeat.com/instant-alerts/nasdaq-sono-insider-buying-and-selling-2024-05-08/

Director Joanna Coles sold 905 shares of the business's stock in a transaction on Monday, May 6th.

It's just capitalism at work. 😎

It's the courageous bee's knees - all 6 🐝🐝🐝🐝🐝🐝. - - - - - Make Sonos Great Again - - - - -
    wayneo123
    Collaborator II
    May 10, 2024

    Clearly didn’t read the memo from the CEO stating what a “courageous” new app it was.

    All Sonos products replaced due to appalling app and sheer arrogance of CEO.
      SewnossAuthor
      Enthusiast I
      May 10, 2024

      Well, this is awkward.

      https://www.marketbeat.com/instant-alerts/nasdaq-sono-insider-buying-and-selling-2024-05-08/

      Director Joanna Coles sold 905 shares of the business's stock in a transaction on Monday, May 6th.

      It's just capitalism at work. 😎

      I think the word you’re looking for might be “insider trading”.  She clearly saw the preview and thought the same as every other sane person: NOPE.

      Stanley_4
      Stanley_4
      Grand Maestro
      May 11, 2024

      From the link for the folks that didn’t look at it, tiny amount of stock, continuing sale process. At this rate it would take over two years to close out the holdings in Sonos.

       

      Director Joanna Coles sold 905 shares of the business's stock in a transaction on Monday, May 6th.

      Following the transaction, the director now directly owns 22,759 shares of the company's stock, valued at approximately $392,137.57.

      Joanna Coles also recently made the following trade(s):

      • On Thursday, April 4th, Joanna Coles sold 905 shares of Sonos stock. The stock was sold at an average price of $19.16, for a total value of $17,339.80.
      • On Monday, March 4th, Joanna Coles sold 905 shares of Sonos stock. The stock was sold at an average price of $19.35, for a total value of $17,511.75.
        SewnossAuthor
        Enthusiast I
        May 11, 2024

        From the link for the folks that didn’t look at it, tiny amount of stock, continuing sale process. At this rate it would take over two years to close out the holdings in Sonos.

         

        Director Joanna Coles sold 905 shares of the business's stock in a transaction on Monday, May 6th.

        Following the transaction, the director now directly owns 22,759 shares of the company's stock, valued at approximately $392,137.57.

        Joanna Coles also recently made the following trade(s):

        • On Thursday, April 4th, Joanna Coles sold 905 shares of Sonos stock. The stock was sold at an average price of $19.16, for a total value of $17,339.80.
        • On Monday, March 4th, Joanna Coles sold 905 shares of Sonos stock. The stock was sold at an average price of $19.35, for a total value of $17,511.75.

        Because the sale has to be declared to the SEC that’s all she clearly dared do. Anything more would get the midnight knock!

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