Marc Eisenberg, Chief Executive Officer at ORBCOMM Inc. (ORBC), sold 75,458 shares at $8.52 ($649K) on 2019-01-04, disclosed to the SEC on 2019-01-08.
Seasonal sale ($649k) by Chief Executive Officer — this insider has traded ORBC in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $8.52 | 17,260 | $147K | 22.7% |
| 2 | $8.52 | 17,260 | $147K | 22.7% |
| 3 | $8.66 | 20,469 | $177K | 27.3% |
| 4 | $8.66 | 20,469 | $177K | 27.3% |
| Total | $8.60 avg | 75,458 | $649K | 100% |
| Filing → |
| ORBC | BUY | 2020-03-20 | $39K | — | Filing → |
| ORBC | BUY | 2020-03-17 | $59K | — | Filing → |
| ORBC | BUY | 2019-11-05 | $78K | — | Filing → |