REVEALED: SolarWinds Director Sold $45.7 MILLION in Stock Options Last Week Before CISA Announcement Sunday

REVEALED: SolarWinds Director Sold $45.7 MILLION in Stock Options Last Week Before CISA Announcement Sunday

Last night the The Cybersecurity and Infrastructure Security Agency (CISA) issued a rare Emergency Directive 21-01, in response to a KNOWN COMPROMISE involving SolarWinds Orion products.

This was only the fifth Emergency Directive issued by CISA under the authorities granted by Congress in the Cybersecurity Act of 2015.

CISA reported a breach of the SolarWinds Orion products.

This Emergency Directive called on all federal civilian agencies to review their networks for indicators of compromise and disconnect or power down SolarWinds Orion products immediately.

So guess who uses SolarWinds?

Dominion Voting Systems uses SolarWinds products.
It’s right there on their website.

Dominion is still not powered down.

Now comes news that SolarWinds Co. Director Aurora Co-Invest L.P. Slp sold 2,079,823 shares of the business’s stock in a transaction last Monday, December 7th.

Via the Riverton Roll:

SolarWinds Co. (NYSE:SWI) Director Aurora Co-Invest L.P. Slp sold 2,079,823 shares of the business’s stock in a transaction on Monday, December 7th. The shares were sold at an average price of $21.97, for a total value of $45,693,711.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of SWI opened at $23.55 on Friday. SolarWinds Co. has a 12-month low of $11.50 and a 12-month high of $24.34. The business has a 50-day simple moving average of $22.17 and a two-hundred day simple moving average of $20.10. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.70. The stock has a market cap of $7.40 billion, a PE ratio of 261.70 and a beta of 1.20.

Via Riverton Roll — S189 million was sold by Insider Trading in the third quarter of the year.

Hat Tip Andrew

The post REVEALED: SolarWinds Director Sold $45.7 MILLION in Stock Options Last Week Before CISA Announcement Sunday appeared first on The Gateway Pundit.