Commscope Inc.- CTV

Article Abstract:

Commscope Inc.'s holding shares was brought to the market last Jul 28. Three of the coaxial cable company employees have brought some of the company's holdings shares. Between Aug 12 to 22, they obtained 67,000 shares at prices averaging $16.63. Among them is Commscope Chmn Frank Drendel who bought 58,000 shares at $16.63. These insiders were able to acquire holding shares at a lower pricer due to the recent weakness in the shares which were attributed to a progressing negative pricing environment overseas for coaxial cable products and an associated downgrade by a major securities firm.

Other Communication and Energy Wire Manufacturing, Nonferrous wiredrawing & insulating, Coaxial Cable, Services, CommScope Inc., Television equipment industry, Coaxial cables

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Lear Corp

Article Abstract:

Insiders of Lear Corp., one of the largest independent suppliers of automotive interior products sold 395,892 option-related shares at $46 each through open-market and private sales. Among them were Chmn Kenneth Way, CFO Donald Stebbins,' Pres and COO of International Operations Robert Rossiter, Pres and COO of North American Operations James Vandenberghe, Pres of GM Division Douglas DelGrosso, and Pres of Chrysler Division Charles Fisher.

Motor Vehicle Seating and Interior Trim Manufacturing, Public building & related furniture, Automobile Seating, Lear Corp., LEA, Furniture industry, Car seating

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Data points to continued expansion of insider sales

Article Abstract:

Statistics show an increase in insider selling as of June 1995. The Sell-Buy ratio has risen to 2.5:1, the highest so far since the Federal Reserve tightened interest rates after Mar./Apr. 1994. An increase in the sale of restricted stocks is also observed, making 1995 the highest 144 sales year at $7.3 billion. The increased selling is coupled with a decrease in insider buying.

Stocks, Stock-exchange, Stock exchanges, Statistics

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