Sure, if said greedy individual actually gave a damn about anyone but himself. This sort of move tends to look very goof to potential investors, which drives stock prices up. Then the greedy divest themselves at a huge increased profit, remove themselves from the situation, and watch the world burn.
An example of someone doing this and being stupid, would be a few years back when Patreon announced the change in fee schedules. That was done, specifically, to satisfy investors. It crashed and burned.