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Benzinga
Benzinga
Business
Chris Katje

BlackRock's CEO Just Dumped $20M In Shares: Here's What Happened The Last Time He Did It

BlackRock Larry Fink United States

The CEO of the largest asset management company in the world recently sold a large number of shares. Could the sale be a foreshadowing of what’s to come in the markets?

What Happened: BlackRock Inc (NYSE:BLK) CEO Laurence Fink sold 44,500 shares of the company Aug. 5 at a price of $684.61 each. The sale was valued at $30.5 million, according to Benzinga’s insider transactions page.

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