Friday’s Insider Report: Executive nets $2.4-million selling this large-cap stock trading near a record high

Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over.

Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock’s valuation; perhaps an insider needs to raise money for personal reasons. An insider’s total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company.

Previous we reported that between March 12-15, Mr. Hallbauer sold a total of 416,000 shares at an average price per share of approximately $2.41. Proceeds from these sales exceeded $1 million, not including commission charges.On March 26, president and chief executive officer Peter Brereton exercised his options, receiving 100,000 shares at a cost per share of $14.29, and sold 100,000 shares at a price per share of $37.50. Net proceeds exceeded $2.

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