James E. Ukrop, Director at LEGG MASON INC (LM), sold 9,000 shares at $27.12 ($244K) on 2009-07-24, disclosed to the SEC on 2009-07-28.
Seasonal sale ($244k) by Director — this insider has traded LM in July in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.