Management Company Llc Akkr, 10% Owner at MODEL N, INC. (MODN), sold 740,000 shares at $14.42 ($10.7M) on 2013-03-25, disclosed to the SEC on 2013-03-25.
Open-market sale of $10.7M MODN 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.