Management Llc Smith, 10% Owner at EMMIS COMMUNICATIONS CORP (EMMS), sold 309,365 shares at $0.80 ($247K) on 2010-11-04, disclosed to the SEC on 2010-11-08.
Open-market sale of $247k EMMS by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.80 | 165,785 | $133K | 53.6% |
| 2 | $0.80 | 143,580 | $115K | 46.4% |
| Total | $0.80 avg | 309,365 | $247K | 100% |