Foundry Venture Capital 2007, L.P., 10% Owner at FITBIT INC (FIT), sold 820,105 shares at $13.46 ($11.0M) on 2016-02-11, disclosed to the SEC on 2016-02-16.
Open-market sale of $11.0M FIT by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $13.46 | 65,360 | $880K | 8.0% |
| 2 | $13.46 | 200,000 | $2.7M | 24.4% |
| 3 | $13.46 | 263,000 | $3.5M | 32.1% |
| 4 | $13.46 | 291,745 | $3.9M | 35.6% |
| Total | $13.46 avg | 820,105 | $11.0M | 100% |
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