Douglas C. Arthur, Director at SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN), sold 9,000 shares at $36.00 ($324K) on 2016-06-23, disclosed to the SEC on 2016-06-23.
Seasonal sale ($324k) by Director — this insider has traded SHEN in June in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $36.00 | 7,300 | $263K | 81.1% |
| 2 | $36.08 | 800 | $29K | 8.9% |
| 3 | $36.09 | 630 | $23K | 7.0% |
| 4 | $36.10 | 70 | $3K | 0.8% |
| 5 | $36.16 | 200 | $7K | 2.2% |
| Total | $36.02 avg | 9,000 |
| $324K |
| 100% |