illumin Holdings Inc T.ILLM

Question re insider selling

[RookieMistakes]

I have a couple of questions. Please correct me if I'm wrong. My understanding is that there is a certain percentage that insiders are allowed to hold when listing on the NASDAQ. Does anybody know what the current insider holding is? If there is selling, is that to meet the requirements for imminent  NASDAQ listing?
Many thanks
long!

[retiredcf]

Can't answer the most recent question but given what AT has done in the past year and that tax filing season is here, best guess is that insiders need some funds to pay capital gains tax.  Something else that is interesting is that the trading volume of TTD and AT has pretty much been identical for the past few weeks. But today TTD has only traded 35% as much (260K vs 732K). And the

[retiredcf]

Forgot to add that TTD is only down 1.3%. Clearly their shareholders are less prone to panic than ours. GLTA

[mofwmofw]

I agree that if it is to cover thier gains for income tax so be it, but they are not a stupid lot. They would have known that long before now, which brings me back to my original question,why are they selling now at his price and how much longer will they keep it up???? `DO AS INSIDERS DO`?I once heard

[growthnprosper]

Target price is still $29 - $33 for this year so don't panic . Hold for Q1 earnings!

[tootall67]

Target prices can always change........

[growthnprosper]

not without cause and we have no cause!

[tootall67]

The only place I heard of that is on this board.  I think everybody is making a big thing about getting on the nasdaq. I don't think it's going to make much differance.. We have news about sales,all kinds of promotions, just like that last video. And we are still down 11%, or 2 dollars, while the nasdaq is up over 200 points, Whats going to happen on a down day. I had a lot of faith