International Paper Company (NYSE:IT)’s Senior Vice President, William Hoel, sold 10,000 shares of Common Stock yesterday, paying a price of $50.00 per share. This disposition is the first to be executed by Hoel for the fiscal year, and he now holds a total of 182,224 shares of the $21.8 billion market cap paper company. However, the firm has experienced several insider stock sales throughout June, such as Carleton Ealy, Senior Vice President at International Paper, who unloaded 10,000 shares of Common Stock for $48.16 per share about 3 weeks ago. Somewhat larger dispositions this past month include Senior VP Thomas…
Author: Melanie Marilin
The Senior Vice President of Stores Sales and Operations at Destination XL Group Inc. (NASDAQ:DXLG), Brian Reaves, unloaded 10,000 shares of Common Stock in a two day transaction completed today. Reaves sold 5,000 shares at a price of $5.17 per share, before liquidating another 5,000, directly, today, paying $5.19 per share. Concluding the sale, the Senior VP now holds 79,451 company shares to his name. Although the most recent insider trades at Destination XL have been sales, the share acquisitions completed by Director and Shareholder, Willem Mesdag, were of larger significance in terms of volume. At the end of March,…
Dennis Oklak, Chairman and Chief Executive Officer at Duke Realty Corp (NYSE:DRE), sold out his company shares in a two day transaction completed on Friday. On Thursday, the CEO sold 31,057 shares of Common Stock, indirectly under the company’s 401 (k) Plan, for $17.82 per share. Then on Friday, Oklak disposed of 22,258 shares for $18.06 per share, indirectly via his spouse, before liquidating the remaining 41,420 shares of Common Stock, directly, at $18.08 per share. Insider trading at the $5.95 billion market cap real estate investment trust has been quite active over the past two months. In May, company…
Alan Kestenbaum, Executive Chairman, Director and 10% owner of Globe Specialty Metals Inc. (NASDAQ:GSM), sold a bulk of 50,500 shares of Common Stock, directly. The transaction was executed in two sales, the first on Thursday, where the Director unloaded 25,500 shares for $20.86 per share. The sale was then completed on Friday, with a disposition of 25,000 shares for a price of $20.75 per share. This insider sell is one of many executed by Kestenbaum throughout June, but in May there were also insider purchases. This was the case with Chief Executive Officer, Jeff Bradley, who acquired 20,000 shares for…
William Appleton, Senior Vice President and General Counsel at the E.W. Scripps Company (NYSE:SSP), sold 10,000 shares of Class A Common Shares, directly, for $21.00 per share. The sale was executed on Friday, and is Appleton’s second disposition this year, as he sold 8,870 shares of Common Stock in May, paying $20.00 per share. The Senior VP now holds a total of 87,857 company shares. The Senior Vice President of Newspapers, Timothy Stautberg, also executed a sale of 20,000 shares of Common Stock on Thursday, paying $20.98 per share. And earlier in May, Chief Administrative Officer, Lisa Knutson, unloaded 56,701…
Vijaya Gadde, General Counsel at Twitter, Inc. (NYSE:TWTR), sold 16,459 shares of Common Stock, directly, on Thursday, paying a price of $40 per share. While the disposition is Gadde’s largest one this month, with a smaller sale of 2,167 shares executed early in June, other company insiders have been more active. The Vice President and Accounting Officer at Twitter, Luca Barrata, also unloaded 39,019 shares on Thursday, paying the same price as Gadde. And Alexander Roetter, Vice President of Engineering at the $24.1 billion market cap platform, disposed of 27,451 shares for $35.52 per share earlier this month. Furthermore, most…
John Sherman, a Director and Large Shareholder at Crestwood Midstream Partners LP (NYSE:CMLP), unloaded a bulk of 104,506 shares of Common Units, directly, for $22.02 per share. The transaction completed on Friday is one of many stock sales executed by the Director this month. In fact, on Thursday, Sherman sold 8,460 shares for $22 per share, while he unloaded 19,034 shares for the same price the previous day. Other large sales this month include 58,000 shares sold two weeks ago, for $22.12 per share. Concluding the sale, the shareholder now owns a total of 197,408 shares of Common Stock. However,…
James Bianco, Chief Executive Officer and President of CTI BioPharma Corp (NASDAQ:CTIC), unloaded 50,000 shares of Common Stock on Friday, paying a price of $2.84 per share. This is Bianco’s second stock sale in June, as the CEO disposed of 55,000 shares of Common Stock for $2.99 per share, earlier in the month. Louis Bianco, Executive Vice President, Finance and Administration at the $428.5 million market cap biopharmaceutical firm, has also regularly been unloading company shares over the past month. However, the Executive VP’s most recent sale was of much smaller content, disposing of 1,800 shares for $3.00 per share.…
Pulaski Financial Corp. (NASDAQ:PULB) experienced an uplifting situation yesterday, as four company insiders rushed to buy stock simultaneously. The talk is of company Director Stanley J. Bradshaw, who purchased 305,642 shares of Common Stock, directly, for a price of $11.07. This is Bradshaw’s first stock acquisition in June, following a small purchase of 1,000 company shares for $11.09 completed in May. Leon Felman, another Director at the holding company, closed one of the biggest transactions of the day, buying 180,668 shares of Common Stock, directly, for the same price as Bradshaw. After the purchase, Felman owns a total of 374,629…
Insiders at Nimble Storage Inc. (NYSE:NMBL) made a strong impact on the firm yesterday, due to simultaneous stock sales. For one, Christopher Schaepe, a large shareholder at the company, unloaded a total of 20,000 shares of Common Stock, selling 10,000 on Wednesday for $30.08 per share and 10,000 yesterday for $30.02 per share. He still has 24,924 shares to his name. A second large shareholder at the data storage firm, Peter Nieh, also disposed of 10,000 shares of Common Stock on Wednesday, receiving $30.09 per share. Furthermore, Nimble Storage’s Chief Technology Officer, Umesh Maheshwari, continued with his row of stock…
LP Energy Guill & Edelman, one of the largest shareholders at Constellation Energy Partners LLC (NYSEARCA:CEP), unloaded a large bulk of stock yesterday. The 96,000 shares of Common Units were sold indirectly through the PostRock Energy Corporation, at a price of $2.49 per share. The disposition was also executed in two days, yesterday being the most important sale of 95,556 shares. This sale is one of many larger dispositions completed by the shareholder over the past month. A week ago, LP Energy sold 202,200 shares of Common Stock for $2.41 per share, while unloading 74,016 shares for the same price…
Dan Griesemer, President and Chief Executive Officer at Tilly’s Inc. (NYSE:TLYS), bought 25,000 shares of Class A Common Stock yesterday, for a price of $7.79 per share. This is the first company stock purchase to be executed by the CEO, and it is also the first stock purchase of the year for Tilly’s. In fact, this fiscal year merely showed insider dispositions, with Trust Annuity Hs, a large shareholder, selling out 34,051 shares in a three-day transaction, at an average price of $12.20 per share. However, in terms of shareholder positions amongst hedge funds, this quarter was uplifting, with several…