True Venture Partners II, L.L.C., 10% Owner at FITBIT INC (FIT), sold 860,000 shares at $8.23 ($7.0M) on 2016-12-02, disclosed to the SEC on 2016-12-06.
Open-market sale of $7.0M 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 | $8.23 | 400,000 | $3.3M | 46.8% |
| 2 | $8.13 | 460,000 | $3.7M | 53.2% |
| Total | $8.17 avg | 860,000 | $7.0M | 100% |