Marc Eisenberg, Chief Executive Officer at ORBCOMM Inc. (ORBC), sold 55,756 shares at $7.16 ($399K) on 2019-03-07, disclosed to the SEC on 2019-03-11.
Seasonal sale ($399k) by Chief Executive Officer — this insider has traded ORBC 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 | $7.16 | 27,878 | $200K | 50.0% |
| 2 | $7.16 | 27,878 | $200K | 50.0% |
| Total | $7.16 avg | 55,756 | $399K | 100% |
| Filing → |
| ORBC | BUY | 2020-03-20 | $39K | — | Filing → |
| ORBC | BUY | 2020-03-17 | $59K | — | Filing → |
| ORBC | BUY | 2019-11-05 | $78K | — | Filing → |