Below is a list of market insider purchases and sales filed at the Securities and Exchange Commission Monday (Aug.31) as ranked by dollar value.
- Westinghouse Air Brake Technologies (NYSE:WAB) Kassling William E (Director) sold 12,500 shares at $37.40 for a value of $467,525 on 8/27
- Bancorp Rhode Island (NASDAQ:BARI) Andrade Anthony F (Director) sold 4,626 shares at $25.80 for a value of $119,350 on 8/28
- MAXIMUS, Inc. (NYSE:MMS) Boyer John (Other) sold 10,000 shares at $42.06 for a value of $420,650 on 8/27
- Abovenet Inc. (NASDAQ:ABVT) Subotnick Stuart (Director) sold 7,000 shares at $94.39 for a value of $660,744 on 8/27
- Maxim Integrated Products (NASDAQ:MXIM) Jain Vivek (Senior Vice President) sold 4,562 shares at $18.88 for a value of $86,130 on 8/28
- Cenveo Inc. (NYSE:CVO) Armstrong Gerald S (Director) bought 8,000 shares at $5.00 for a value of $40,000 on 8/27
- Trailer Bridge Inc. (NASDAQ:TRBR) Burke Robert P (Director) bought 5,000 shares at $4.68 for a value of $23,400 on 8/28
- Fidelity National Financial (NYSE:FNF) Foley William P Ii (Director) sold 150,000 shares at $15.01 for a value of $2,250,900 on 8/28
- Rock-Tenn Co. (NYSE:RKT) Anderson Stephen G Md (Director) and Russell Currey M (Director) sold 10,000 shares at $51.21-$52.00 for a combined value of $516,050 on 8/27 -8/27
- Dollar Tree Inc. (NASDAQ:DLTR) Brock Macon F Jr (Chairman of the Board) sold 7,000 shares at $50.69 for a value of $354,809 on 8/27
- Pall Corporation (NYSE:PLL) Krasnoff Eric (Chairman and CEO) sold 4,500 shares at $30.64 for a value of $137,889 on 8/27
- Loews Corporation (NYSE:L) Hofmann Herbert C (Sr. Vice President) sold 11,250 shares at $33.62 for a value of $378,225 on 8/27
- The Travelers Companies (NYSE:TRV) Benet Jay S (Vice Chairman and CFO) sold 4,166 shares at $49.51 for a value of $206,250 on 8/28
- The Andersons, Inc. (NASDAQ:ANDE) Nichols David L (Director) sold 3,886 shares at $31.31 for a value of $121,670 on 8/28
Selling by corporate insiders continues to surge. According to TrimTabs Investment Research insider selling hit $6.1 billion in August, the highest amount since May 2008.
Insider Selling in August Soars to 30.6 Times Insider Buying, Highest Level Since TrimTabs Began Tracking in 2004. NYSE Short Interest Plunges 10.3%, While Margin Debt Spikes 5.9%
SAUSALITO, Calif., Aug. 28 /PRNewswire/ — TrimTabs Investment Research reported that selling by corporate insiders in August has surged to $6.1 billion, the highest amount since May 2008. The ratio of insider selling to insider buying hit 30.6, the highest level since TrimTabs began tracking the data in 2004.
http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/08-28-2009/0005084471&EDATE=
“ratio insider selling to insider buying hit 30.6”
I track insiders daily and I notice on some days the ratio of insider selling to insider buying hits upwards of 70:1.
There is some major insider selling going on in the stock market.
Heavy selling in commercial real estate stocks.
Thank You