Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over.
Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock’s valuation; perhaps an insider needs to raise money for personal reasons. An insider’s total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company.
On Oct. 10, Michael Cooper, who sits on the board of trustees, sold 800,000 shares at a price per share of $13.02 for an account in which he has indirect ownership , eliminating his position in this particular account. Proceeds from the sale exceeded $10 million, excluding trading fees.