ContextLogic Inc. (NASDAQ:WISH – Get Rating) fell 11.3% on Thursday after an insider sold shares in the company. The stock traded as low as $0.84 and last traded at $0.84. 113,481 shares traded hands during trading, a decline of 99% from the average session volume of 16,470,554 shares. The stock had previously closed at $0.95.Specifically, Director Hans Tung sold 1,469,572 shares of the firm’s stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $1.74, for a total value of $2,557,055.28. Following the completion of the transaction, the director now owns 491,107 shares in the company, valued at approximately $854,526.18. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other ContextLogic news, Director Hans Tung sold 1,469,572 shares of the stock in a transaction that occurred on Thursday, August 11th. The shares were sold at an average price of $1.74, for a total value of $2,557,055.28. Following the sale, the director now directly owns 491,107 shares in the company, valued at approximately $854,526.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Piotr Szulczewski sold 400,000 shares of the company’s stock in a transaction on Wednesday, September 28th. The stock was sold at an average price of $0.93, for a total transaction of $372,000.00. Following the completion of the transaction, the insider now directly owns 40,214,236 shares in the company, valued at approximately $37,399,239.48. The disclosure for this sale can be found here. Insiders have sold 10,651,863 shares of company stock valued at $15,017,520 in the last 90 days. 20.80% of the stock is currently owned by company insiders.