Category: tech domination

Ranked: Big Tech CEO Insider Trading During the First Half of 2021


This post is by Aran Ali from Visual Capitalist


Ranked: Big Tech CEO Insider Trading During the First Half of 2021

Big Tech CEO Insider Trading During The First Half of 2021

When CEOs of major companies are selling their shares, investors can’t help but notice.

After all, these decisions have a direct effect on the personal wealth of these insiders, which can say plenty about their convictions with respect to the future direction of the companies they run.

Considering that Big Tech stocks are some of the most popular holdings in today’s portfolios, and are backed by a collective $5.3 trillion in institutional investment, how do the CEOs of these organizations rank by their insider selling?

CEOStockShares Sold H1 2021Value of Shares ($M)
Jeff BezosAmazon (AMZN)2.0 million$6,600
Mark ZuckerbergFacebook (FB)7.1 million$2,200
Satya NadellaMicrosoft (MSFT)278,694
$65
Sundar PichaiGoogle (GOOGL)27,000$62
Tim CookApple (AAPL)0$0

Breaking Down Insider Trading, by CEO

Let’s dive into the insider trading activity of each Big Tech CEO:

Jeff Bezos

During the first half of 2021, Jeff Bezos sold 2 million shares of Amazon worth $6.6 billion.

This activity was spread across 15 different transactions, representing an average of $440 million per transaction. Altogether, this ranks him first by CEO insider selling, by total dollar proceeds. Bezos’s time as CEO of Amazon came to an end shortly after the half way mark for the year.

Mark Zuckerberg

In second place is Mark Zuckerberg, who has been significantly busier selling than the rest.

In the first half of 2021, he unloaded (Read more...)

The Data Behind America’s H-1B Visa Program


This post is by Aran Ali from Visual Capitalist


The H-1B Visa in Charts

The Briefing

  • The H-1B visa is extremely tech focused, with total software developers making up 38% of all applications
  • More than 275,000 applications were filed in fiscal 2021, but only 85,000 will be accepted

H-1B Visa Origins

The H-1B Visa is an immigration program that brings highly skilled workers into America when a shortage of those skills exists in the domestic labor market. The program came to life as part of the Immigration Act of 1990, under the George H.W. Bush administration. Although the program was temporarily suspended for 10 months under the Trump administration, this stoppage has since been lifted by Biden.

Though regulations permit specialized knowledge workers from various fields, it is primarily tech jobs that crowd these occupations. For instance, software developers and computer systems engineers/architects collectively cover almost 50% of all roles.

Competition Intensifies

The H-1B visa is highly competitive. In fiscal 2021, program applications hit 275,000, a 15-year high. The program follows a lottery system where 85,000 applicants are selected at random. Today, that means a given applicant has about a 30% chance of getting in.

YearNumber of Applicants
2021275,000
2020200,000
2019187,500
2018200,000
2017237,500
2016225,000
2015175,000
2014125,000

Although the system is a lottery, the first 20,000 spots are reserved for those with a master’s degree or higher, so those holding a higher education tend to have improved odds.

Roughly two-thirds of applicants come from India. The large Indian presence exists in the sponsor companies list (Read more...)