Michael Smith, Senior Vice President and CFO at COBRA ELECTRONICS CORP (COBR), sold 8,000 shares at $9.87 ($78K) on 2006-11-13, disclosed to the SEC on 2006-11-15.
Open-market sale of $78k COBR by Senior Vice President and CFO. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $9.60 | 2,000 | $19K | 24.5% |
| 2 | $9.85 | 2,000 | $20K | 25.1% |
| 3 | $9.87 | 2,000 | $20K | 25.2% |
| 4 | $9.87 | 2,000 | $20K | 25.2% |
| Total | $9.80 avg | 8,000 | $78K | 100% |
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