Bhanu Choudhrie, Director at Customers Bancorp, Inc. (CUBI), sold 380,000 shares at $33.50 ($12.4M) on 2017-03-13, disclosed to the SEC on 2017-03-15.
Seasonal sale ($12.4M) by Director — this insider has traded CUBI in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $33.50 | 9,051 | $303K | 2.4% |
| 2 | $33.50 | 9,051 | $303K | 2.4% |
| 3 | $32.90 | 70,949 | $2.3M | 18.8% |
| 4 | $32.90 | 70,949 | $2.3M | 18.8% |
| 5 | $32.51 | 220,000 | $7.2M | 57.6% |
| Total | $32.70 avg | 380,000 |
| $12.4M |
| 100% |