Horizon Partners Inc. Bright, 10% Owner at ENERGY FOCUS, INC/DE (EFOI), sold 391,304 shares at $15.98 ($6.3M) on 2015-09-16, disclosed to the SEC on 2015-09-18.
Open-market sale of $6.3M EFOI 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.