Art Beattie, Executive Vice President and Chief Financial Officer at the Southern Company (NYSE:SO), disposed of 13,654 shares of Southern Company Common Stock, indirectly, on Thursday. The sale was executed through the use of stock options and Beattie paid a price of $31.39 per share. Although this is the Executive VP’s first stock sale of the fiscal year, other insiders have reported significant dispositions throughout Q1. At the beginning of May, the President and Chief Executive Officer of Southern Company, Mark Crosswhite, sold 22,460 shares of Common Stock, also exercising a stock option, and paying $45.15 per share. Just a…
Author: Melanie Marilin
UIL Holdings Corporation (NYSE:UIL) awarded five of its insiders with diverse stock grants yesterday. The grants varied in the amounts of Common Stock shares attributed to each employee, but all the awards paid maintained a price of $38.73 per share. The company’s Senior Vice President and General Counsel, Linda Randell, received the largest grant, consisting of 300 shares of Common Stock, with a total value of $11,619. Director John Lahey received 177 shares, worth $6,855, while UIL’s Vice President and Controller, Steven Favuzzar was awarded 124 shares, for a value $4,785. The firm’s Senior Vice President of Governmental Relations, Alexander…
Intercept Pharmaceuticals Inc. (NASDAQ:ICPT)’s President and Chief Executive Officer, Mark Pruzanski, sold 10,000 shares of Common Stock on Tuesday, exercising a stock option pursuant to a Rule 10b5-1 plan. The shares were sold directly, for a price of $250.61 per share. Furthermore, the disposition was the second to be executed by Pruzanski during Q1, as he unloaded 10,000 shares of Common Stock in the beginning of June, paying $230.60 per share. The insider’s company holdings currently amount to a total of 475,042. Intercept’s Chief Marketing Officer and Executive Vice President, David Shapiro, also completed a disposition on Wednesday, through which…
Carlos Alberini, Director at Restoration Hardware Holdings Inc. (NYSE:RH), unloaded 40,000 shares of Common Stock in a two day transaction pursuant to a Rule 10b5-1 trading plan. The sale commenced on Wednesday, when the insider sold 20,000 shares in multiple trades ranging from $88.50 to $90.50 per share. Alberini then disposed of another 20,000 shares yesterday, paying $89.59 per share. Moreover, the Director has been consistently selling off his company shares over the past month and now owns a total of 661,441 shares. Insider stock sales have been frequent throughout June at the $3.5 billion market cap holding firm, with…
Broadcom Corporation (NASDAQ:BRCM) saw two insiders unload their company shares this week. Yesterday, Scott Mcgregor, President and Chief Executive Officer at Broadcom, completed a disposition of 75,000 shares of Class A Common Stock, directly, using an employee stock option. The transaction was executed over the past three days, selling 25,000 shares on Tuesday, for $37.49 per share, 25,000 shares of Wednesday for $37.59 per share, and yet another 25,000 shares yesterday, paying $37.75 per share. The insider still holds a total of 1.76 million company shares. Furthermore, Chief Technology Officer and Chairman of the Board at Broadcom, Henry Samueli, also…
For the first time this month, Magnum Hunter Resources Corp (NYSE:MHR) saw an insider trade be executed, at the hand of Hershal Ferguson, Executive Vice President of the firm. Ferguson’s transaction was completed yesterday and consisted of a disposition of 10,000 shares of Common Stock, $0.01 Par Value, for which the insider paid an average weighted price of $8.03 per share. This sale constitutes the third insider trade executed by the Executive VP throughout the fiscal year, as he unloaded 50,000 shares of Common Stock two weeks ago, paying $8.26 per share. Furthermore, this past month showed frequent stock sales…
Six Directors at National Fuel Gas Co. (NYSE:NFG) received stock grants on Tuesday for a value of $43,015.5. The grants were handed out to company Directors Ron Jibson, Davis Carroll, Craig Matthews, Philip Ackerman, R D Cash, and Stephen Ewing, who received 550 shares worth $78.21 per share. While most of these insiders haven’t partaken in insider trades over the past fiscal year, National Fuel saw Matthew Cabell, President of Seneca Resources, unload 8,682 shares of Common Stock in May, paying a price of $75.02 per share. On another note, this quarter showed some changes amongst hedge fund shareholder positions,…
On Tuesday, three insiders at BancorpSouth, Inc. (NYSE:BXS) earned grants worth over $10,000 in shares. The chosen employees were Henry Hassell Franklin, Director at the financial holding firm, who received a grant of 424 shares for $25.11 per share; Director Gus Blass earned a somewhat larger grant of 497 shares, with the aforementioned value, while Director James Elbert Campbell received 527 shares. While these insiders haven’t been very active traders this fiscal year, in line with overall transactions at BancorpSouth, some hedge funds gained confidence in the $2.4 billion market cap company, causing them to increase their shareholder positions and…
Joseph Dunsmore, Chairman, President, and Chief Executive Officer at Digi International Inc. (NASDAQ:DGII), completed a disposition of 43,219 shares of Common Stock yesterday. The shares were sold at $9.53 per share and the insider used a stock option to execute the transaction. Dunsmore now owns a total of 12,786 holdings of the $237.7 million market cap networking firm. While insider trades at Digi International have been stagnant over the past months, the fiscal year was kicked off by the Senior Vice President, Raymond Michael Dannenfeldt, who cleared out his entire company stock at the end of January. The insider unloaded…
Salesforce.com, Inc. (NYSE:CRM) saw two of its insiders complete a stock disposition yesterday, following the most recent sales trend that has hit the company this past month. The talk is of Salesforce Chief Executive Officer and Chairman of the Board, Marc Benioff, who unloaded 20,000 shares of Common Stock, directly, paying a weighted average price of $58.97 per share. On Tuesday, Benioff had already sold another 20,000 shares of the $35.7 billion market cap cloud computing firm, paying an average price of $59.36 per share. Following the latest sale, the CEO now owns a total of 40.49 million shares. Parker…
The Senior Vice President of Finance and Chief Financial Officer at POZEN Inc. (NASDAQ:POZN), William Hodges, unloaded a bulk of 11,414 shares of Common Stock yesterday, using a stock option of the same amount. The insider paid a weighted average price of $9.05 per share and completed the sale Hodges now holds a total of 66,461 company shares. This disposition isn’t the first to be exercised by the CFO, as in June he consistently unloaded shares of the $285.1 million market cap enterprise. In fact, merely two weeks ago the insider sold 50,000 shares of Common Stock, using a stock…
Yesterday, eight insiders at Level 3 Communications, Inc. (NYSE:LVTL) unloaded company shares simultaneously. While many of the sales were small in volume, some stood out, such as the firm’s President and Chief Operating Officer, Jeffrey Storey, who sold 33,300 shares of Common Stock, directly, paying a price of $43.85 per share. This disposition is the first to be executed by the COO since April, and his company holdings now amount to 485,376. Sunit Patel, Executive Vice President and Chief Financial Officer at the $10.5 billion market cap communication service provider, also unloaded 19,175 shares of Common Stock, directly, at the…