John M. Stropki, Executive Chairman at LINCOLN ELECTRIC HOLDINGS INC (LECO), sold 20,000 shares at $71.51 ($1.4M) on 2013-12-16, disclosed to the SEC on 2013-12-17.
Seasonal sale ($1.4M) by Executive Chairman — this insider has traded LECO in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $71.50 | 14,447 | $1.0M | 72.3% |
| 2 | $71.51 | 776 | $55K | 3.9% |
| 3 | $71.52 | 1,124 | $80K | 5.6% |
| 4 | $71.65 | 1,000 | $72K | 5.0% |
| 5 | $71.80 | 1,000 | $72K | 5.0% |
| 6 | $71.00 | 1,653 |
| $117K |
| 8.2% |
| Total | $71.48 avg | 20,000 | $1.4M | 100% |
| Filing → |
| RXN | BUY | 2014-06-05 | $52K | — | Filing → |
| RXN | BUY | 2014-02-21 | $50K | — | Filing → |
| RXN | BUY | 2014-02-12 | $50K | — | Filing → |