Accipiter Capital Management, LLC, 10% Owner at HI TECH PHARMACAL CO INC (HITK), sold 600,000 shares at $8.95 ($5.4M) on 2008-03-11, disclosed to the SEC on 2008-03-13.
Open-market sale of $5.4M HITK 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $8.95 | 76,875 | $688K | 12.8% |
| 2 | $8.95 | 91,456 | $819K | 15.2% |
| 3 | $8.95 | 142,344 | $1.3M | 23.7% |
| 4 | $8.95 | 143,656 | $1.3M | 23.9% |
| 5 | $8.95 | 145,669 | $1.3M | 24.3% |
| Total | $8.95 avg | 600,000 |
| $5.4M |
| 100% |
| Filing → |
| ORCH | BUY | 2008-11-14 | $62K | — | Filing → |
| ORCH | BUY | 2008-10-24 | $815K | — | Filing → |
| ORCH | SELL | 2007-09-07 | $11.1M | — | Filing → |