Cobalt Group V. Llc Kern, 10% Owner at Cobalt International Energy, Inc. (CIE), sold 5,095,298 shares at $27.16 ($138.4M) on 2012-02-29, disclosed to the SEC on 2012-03-02.
Open-market sale of $138.4M CIE 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.