Face Capital Inc. West, 10% Owner at Bonanza Creek Energy, Inc. (BCEI), sold 578,275 shares at $35.40 ($20.5M) on 2013-06-06, disclosed to the SEC on 2013-06-10.
Open-market sale of $20.5M BCEI 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.