David F. Welch, Director at Infinera Corp (INFN), sold 838,756 shares at $10.05 ($8.4M) on 2021-03-15, disclosed to the SEC on 2021-03-17.
Seasonal sale ($8.4M) by Director — this insider has traded INFN in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $10.05 | 419,378 | $4.2M | 50.0% |
| 2 | $10.05 | 419,378 | $4.2M | 50.0% |
| Total | $10.05 avg | 838,756 | $8.4M | 100% |
| Filing → |
| INFN | SELL | 2020-12-16 | $6.1M | — | Filing → |
| INFN | SELL | 2020-12-07 | $2.8M | — | Filing → |
| INFN | SELL | 2020-12-02 | $87K | — | Filing → |