Prologis Inc. (NYSE:PLD) saw two of its insiders unload stock yesterday. The company’s Chief Financial Officer, Thomas Olinger, sold 14,800 shares of Common Stock, directly, for a weighted average price of $42.12 per share. Following the insider’s first stock disposition of the fiscal year, he now owns a total of 50,299 company shares. Furthermore, Lydia Kennard, Director at the $20.8 billion market cap real estate investment trust, unloaded 20,000 shares of Common Stock, directly, for a weighted average price of $42.09 per share. The insider also exercised her use of stock options in order to complete the transaction. This was…
Author: Melanie Marilin
A. O. Smith Corporation (NYSE:AOS)’s Director, Paul Jones, unloaded 20,000 shares of Common Stock yesterday. The transaction was executed directly and the shares were sold at $49.69 per share. This is the third stock disposition to be completed by the insider for the fiscal year so far. Jones had sold 25,000 shares of Common Stock at the end of April for a price of $47.34 per share. Following the latest sale, the director now holds a total of 194,428 shares of the $4.5 billion market cap water heating equipment manufacturer. On another note, this quarter showed strong improvements amongst hedge…
Jay Flatley, Chief Executive Officer at Illumina, Inc. (NASDAQ:ILMN), completed a stock sale of 30,000 shares yesterday. He unloaded the Common Stock directly, via several smaller dispositions, and for weighted average sales prices ranging between $171.22 and $183.65 per share. Furthermore, the insider also exercised his use of non-qualified stock options in order to complete the transaction. Following the disposition, Flatley now holds a total of 381,262 company shares to his name. This week also reported a second insider stock sale at the $21.9 billion market cap medical equipment manufacturer. The talk is of company Director Daniel Bradbury, who unloaded…
Coliseum Capital Management, LLC, a 10% owner of Accuride Corporation (NYSE:ACW), completed a large stock disposition yesterday, through which the insider unloaded 115,160 shares of Common Stock. The transaction was executed over three days, commencing on Tuesday, when Coliseum sold 50,000 shares for a weighted average price of $5.2 per share. It proceeded with the sale of 42,754 shares of Common Stock, also for $5.2 per share and was completed by disposing of another 22,406 shares for a weighted average price of $5.17 per share. Furthermore, the stock was sold indirectly, through Coliseum Capital Partners, L.P. Following the shareholder’s disposition,…
This week, two LinkedIn Corp (NYSE:LNKD) insiders completed stock dispositions. Company Director and 10% owner, Reid Hoffman, was the first to unload stock on Wednesday, selling 82,369 shares of Class A Common Stock for a weighted average price of $170.08 per share and 42,631 share for $171.34 per share. Furthermore, the sale was executed indirectly through the Reid Hoffman and Michelle Yee Living Trust, of which the insider serves as trustee. Also, the disposed shares of Class A Common Stock were issued upon conversion of Class B Common Stock shares, as elected by Hoffman. The firm’s Chief Executive Officer, Jeff…
U.S. Bancorp (NYSE:USB) saw two of its insiders unload stock yesterday. The talk is of Vice Chairman, Richard Payne Jr., who disposed of 70,000 shares in Common Stock, $0.01 par value, directly, for a weighted average price of $42.76 per share. The insider also exercised his use of employee stock options. This is one of many large dispositions completed by the insider during fiscal 2014. In fact, last Thursday, Payne sold 105,000 shares for a price of $42.11 per share. Jerry Levin, Director at the $77 billion market cap multi-state financial service holding firm, was the second insider to unload…
Packaging Corp of America (NYSE:PKG) saw two of its insiders unload stock yesterday. The talk is of the company’s Senior Vice President and Chief Financial Officer, Richard West, who disposed of 34,000 shares of Common Stock, directly, for a weighted average sales price of $66.13 per share. Following the insider’s first stock disposition of the fiscal year, he now holds a total of 141,764 company shares to his name. The second insider to unload Common Stock yesterday is Kent Pflederer, Senior Vice President of the $6.8 billion market cap containerboard producer. Pflederer sold a smaller bulk of 2,750 shares, directly,…
Invesco Municipal Opportunity Trust (NYSE:VMO)’s Director, Rodney Dammeyer, completed a disposition of 37,721 Common Shares yesterday, for a weighted average sales price of $12.40 per share. The sale was executed indirectly through a trust and after completing the transaction Dammeyer now owns a total of 58,908 company shares. Furthermore, while this has been the only insider stock trade of the fiscal year at the $836.2 million market cap investment firm, hedge funds have shown confidence in the company’s stock profitability this quarter. Although Howard Guberman sold out his hedge fund (Gruss Asset Management)’s stock, thereby eliminating his shareholder position, Cliff…
John Pecora, one of SAExploration Holdings, Inc. (NASDAQ:SAEX)’s largest shareholders, bought a bulk of 56,720 shares of Common Stock. The insider purchased the stock in a two day transaction that commenced on Tuesday with 6,297 shares, bought for a weighted average price of $8.33 per share. Yesterday, Pecora acquired 50,423 shares of Common Stock, paying a price of $8.26 per share. This has been the only insider at the $127.3 million market cap enterprise to buy stock for the fiscal year so far, and he has made regular monthly transactions for the entire last quarter. After his latest stock acquisition,…
On Tuesday, Seacoast Banking Corporation of Florida (NASDAQ:SBCF) awarded seven of its insiders with stock grants. The grants consisted of 3,558 shares of the company’s Common Stock, with a total value of $37,501.32. The shares were awarded to Directors Dennis Hudson, Thomas Rossin, Julie Daum, Gilbert Culbreth Jr., Stephen Bohner, and Christopher Fogal, as well as Lead Director Roger Goldman. Stock trading has been relatively stagnant at the $274.9 million market cap bank holding firm this year. In fact, the last large stock purchase was executed in January at the hand of company Director Robert Goldstein, who bought 2,325,581…
Frederic Luddy, Chief Product Officer at ServiceNow Inc. (NYSE:NOW) completed a three day stock disposition of 151,400 shares of Common Stock. The insider commenced his stock sale on Monday, unloading 51,400 in smaller batches, with prices ranging from $57.20 to $58.95 per share. On Tuesday, Luddy sold 33,001 shares of Common Stock for $58.84 per share, before disposing of another $16,999 shares for $59.82 per share that same day. Yesterday, the insider unloaded another 47,800 shares for a weighted average sales price of $58.27 per share, as well as 2,200 shares for a price of $59.00 per share. Furthermore, yesterday’s…
Solazyme Inc. (NASDAQ:SZYM) Director Jerry Fiddler unloaded 12,000 shares of Common Stock yesterday. The insider completed the transaction in two days, first selling 3,000 shares on Tuesday, indirectly through the Fiddler and Alden Family Trust, for a price of $10.01 per share. He then unloaded the remaining 9,000 shares yesterday, also indirectly via the Jazem I Family Partners, L.P., for a weighted average price of $10.08 per share. However, Fiddler isn’t the only recently active insider at the $756 million market cap oil producer. Chief Executive Officer, Jonathan Wolfson, also completed a stock disposition this week, unloading 34,251 shares of…