When insider accumulation warrants a closer look
Article Abstract:
The purchase of 192,500 shares at $18.25-$19.50 per share by four Paging Network executives from Jul. 30 to Aug. 1, 1996 is not necessarily a positive indicator for sentiment on the Paging Network stock's future. Chmn. George Marshall Perrin cleared out $21.7-million worth of shares between Jan. and Feb. 1995 even if he purchased 181,000 shares between Jul. 30 and Aug. 1, 1996. In addition, only 15.6% of the proceeds Perrin took from his holdings was reinvested in the purchase. Finally, Pres. Marschel Glenn became a filer in 1996 even if he acquired 10,000 shares.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1996
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Trimble Navigation Ltd
Article Abstract:
Trimble Navigation Ltd reported a loss of $9.7 million for the quarter ending Mar 1992 after sales dropped by $14.6 million to $22.1 million. The company expects to incur a $7 million charge for the next quarter to cover restructuring costs. The company reports that commercial orders for its navigational and positioning products increased by 60% in April and May, as such 2nd qtr 1992 revenues are expected to reach $30 million.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Trimble Navigation Ltd
Article Abstract:
Trimble Navigation Ltd belongs to the Telecommunications category. The shares were pegged at $18 in Jan 1992 before declining to $6.50 in Oct 1992. Three insiders disposed of 108,000 shares between Nov 4 to Dec 7, 1992 at the $8 to $10.75 price range while another two insiders sold some shares in Aug 1992 at $750. Persistent insider selling has been observed, indicating that caution should be exercised at the moment.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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