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Well that didn’t take long. No sooner do the first-quarter earnings start to wind up, and the insiders waiting patiently to sell stock start hitting the bid in a big way. And it should come as no surprise, because despite the slow year in the markets, we are still within reach of the all-time highs printed last year. Insider selling also is likely to keep ramping higher, as many on Wall Street see volatility going higher this summer as we get closer to the political cycle home stretch.

We cover insider selling every week at 24/7 Wall St., and we like to always remind readers that just because an individual or 10% institutional owner is selling stock, that is no cause for immediate alarm. Many top executives, and even directors, are compensated with stock and often sell just to diversify or purchase other assets.

Here are companies that reported notable insider selling last week.

Fleetcor Technologies Inc. (NYSE: FLT) had a host of executives at the top selling shares this past week. The chief executive, a unit president and a director sold a combined 323,280 shares of the stock at prices that ranged from $150.42 to 152.35. The total for the sale came to a massive $49 million. The company provides fuel cards, commercial payment and data solutions, stored value solutions, and workforce payment products and services. The stock closed on Friday at $145.42, so a very well-timed sale it appears.

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