United Therapeutics Corporation (NASDAQ:UTHR) saw two of its insiders complete dispositions last Thursday. The talk is of John Maxim Ferrari, Chief Financial Officer at the biotechnology firm, who unloaded 10,000 shares of Common Stock, directly, for a price of $89.74 per share. The insider also exercised a stock option in the form of a cash-settled share tracking award pursuant to a Rule 10b5-1 trading plan. The second insider stock sale on Thursday was executed by the Chief Executive Officer, Martine Rothblatt, who disposed of 3,833 shares of Common Stock, directly, for $90.86 per share. The insider also exercised a stock…
Author: Melanie Marilin
Michael Saxon, Executive Vice President and Chief Operating Officer at Amtrust Financial Services, Inc. (NASDAQ:AFSI), sold 20,538 shares of Common Stock yesterday, for a weighted average price of $41.73 per share. The transaction was effected directly and pursuant to a Rule 10b5-1 trading plan adopted by the insider on February 18, 2014. Furthermore, Saxon exercised his use of stock options and following yesterday’s disposition he now holds a total of 279,476 company shares. Amtrust Financial saw several insiders unload their stock this quarter, with one of the larger sales belonging to Christopher Longo, Executive Vice President and Chief Information Officer…
Mastercard Inc. (NYSE:MA) saw one of its large shareholders, Foundation Mastercard, complete a disposition of 26,808 shares yesterday. The Class A Common Stock, Par Value $.0001 was sold in a two day transaction and commenced on Friday, when the shareholder sold 13,404 company shares for a price of $77.16 per share. The insider then disposed of the remaining 13,404 shares yesterday, paying a price of $76.94 per share. While this was the first disposition to be completed by the insider this quarter, the $90.8 billion market cap global payment company recorded several stock sales over the past months. Gary Flood,…
Michael Morris, Director at Alcoa Inc. (AA) closed a stock acquisition yesterday, in which he bought 30,120 shares of Common Stock for a weighted average price of $16.54 per share. While this is the insider’s first stock transaction at the $19.5 billion market cap industrial firm, and the most important in volume since the beginning of fiscal 2014, other company employees have been more active over the past quarter. Last Tuesday, the company’s Chairman and Chief Executive Officer, Klaus Kleinfeld, unloaded 800,000 shares of Common Stock for a weighted average price of $16.08 per share, in addition to exercising his…
Lawrence Page, Chief Executive Officer of Google, Inc. (NASDAQ:GOOG), sold a bulk of 33,332 company shares, directly, on Thursday. The insider unloaded 16,666 shares of Class A Common Stock in several small sums, paying between $577.36 and $588.48 per share, and 16,666 shares of Class C Capital Stock, which were sold at prices ranging between $569.34 and $579.88 per share. Following the disposition, Page now holds no more Common Stock, and a total of 23,270,248 shares of Class C Capital Stock. While insider stock sales have been common at the $406.8 billion market cap technology giant this quarter, several hedge…
RPX Corp (NASDAQ:RPXC)’s Executive Director, Geoffrey Barker, completed a disposition of 10,000 shares of Common Stock on Friday. The sale was executed directly in a two day transaction, where the insider unloaded 5,000 shares on Thursday, paying a weighted average price of $16.55 per share. Then another 5,000 shares were sold on Friday for $16.66 per share, leaving the Executive Director with a total of 309,399 company holdings. Over the past few months, Barker continuously disposed of company shares, always selling 5,000 shares at a time, with the latest transaction closed at the beginning of July for $18.06 per share.…
Anthony Grande, Executive Vice President and Chief Development Officer at Corrections Corp of America (NYSE:CXW), completed a disposition of 15,000 shares in CXW Common Stock on Friday. The insider sold his shares directly, at a price of $32.23 per share and also used employee stock options for the sale. This is Grande’s sixth stock sale of the fiscal year so far, but he isn’t the only insider who was active this year. David Garfinkle, Vice President of Finance at the $3.8 billion market cap real estate investment trust, unloaded 24,568 shares of Common Stock in March, for a price of…
Frank Rudolph, Executive Vice President of Human Resources at Devon Energy Corp (NYSE:DVN), sold 63,893 shares of Common Stock on Thursday. The sale was executed in four steps, directly, and the insider also exercised his use of non-qualified stock options (right to buy) for the transaction. Rudolph unloaded all 63,893 shares for a price of $78.00 per share. On Monday, the insider had already sold 15,400 shares of Common Stock for $77.49 per share, making this disposition the second of the month. Following the sale, Rudolph now owns a total of 26,234 company holdings. In terms of hedge fund positions,…
Erik Gershwind, President and Chief Executive Officer at MSC Industrial Direct Co Inc. (NYSE:MSM), exercised a stock option of 18,000 shares of Class A Common Stock, $0.001 par value on Thursday. This is the first stock transaction of any kind to be executed by the insider since May, when he unloaded 25,000 shares of Common Stock for a price of $91.53 per share. Following the latest transaction, Gershwind now owns a total of 51,813 company shares. Another insider who has been very active this past quarter is company Director and Large Shareholder, Mitchell Jacobson. Last Monday he completed a disposition…
Robert Flanagan, Director at Sagent Pharmaceuticals Inc. (NASDAQ:SGNT), completed a stock disposition of 16,000 shares on Friday. The Common Stock was sold in a two day transaction, which the insider executed indirectly through CNF Investments II, LLC. Flanagan unloaded 8,000 shares on Thursday, paying a weighted average price of $26.25 per share, while the remaining 8,000 shares were sold on Friday for a slightly lower price of $26.11 per share. The Director has been regularly unloading batches of 8,000 shares over the past quarter, with his latest sale dating to the beginning of July. Following Friday’s disposition, Flanagan now owns…
On Friday, TechTarget Inc. (NASDAQ:TTGT) witnessed its Executive Director, Don Hawk, unload 8,500 shares of Common Stock, directly. The sale was made automatically pursuant to a trading plan entered into by the reporting person pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, and the insider paid a price of $8.16 per share. Additionally, Hawk exercised his use of 68,750 Restricted Stock Units. This stock disposition is the insider’s largest transaction of the fiscal year so far. However, this quarter showed several insiders at the $262.6 million market cap online content provider, such as the firm’s president, Kevin…
On Wednesday, Houghton Mifflin Harcourt Co (NASDAQ:HMHC) saw three of its insiders unload stock as well as exercise stock options. The firm’s Executive Vice President and Chief Financial Officer, Eric Lon Shuman sold the largest bulk of stock, unloading 29,316 shares of Common Stock at a weighted average sale price of $18.04 per share. The insider then sold another 7,684 shares yesterday, paying a price of $17.76 per share. The disposition concludes Schuman’s second transaction of the fiscal year so far, since unloading 37,000 shares of Common Stock for $19.52 per share in June. Linda Kay Zecher, President and Chief…