Charles H. Phipps, 10% Owner at TANGOE INC (TNGO), sold 422,240 shares at $9.30 ($3.9M) on 2011-08-01, disclosed to the SEC on 2011-08-02.
Open-market sale of $3.9M TNGO 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 | $9.30 | 179,470 | $1.7M | 42.5% |
| 2 | $9.30 | 242,770 | $2.3M | 57.5% |
| Total | $9.30 avg | 422,240 | $3.9M | 100% |