Management Llc Smith, 10% Owner at EMMIS COMMUNICATIONS CORP (EMMS), sold 230,000 shares at $0.71 ($159K) on 2010-11-10, disclosed to the SEC on 2010-11-12.
Open-market sale of $159k 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 | $0.71 | 125,000 | $89K | 55.8% |
| 2 | $0.67 | 105,000 | $70K | 44.2% |
| Total | $0.69 avg | 230,000 | $159K | 100% |