David E. Mangum, President and COO at GLOBAL PAYMENTS INC (GPN), sold 80,538 shares at $75.46 ($6.0M) on 2016-08-09, disclosed to the SEC on 2016-08-10.
Seasonal sale ($6.0M) by President and COO — this insider has traded GPN in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $74.96 | 57,323 | $4.3M | 71.0% |
| 2 | $75.46 | 23,215 | $1.8M | 29.0% |
| Total | $75.10 avg | 80,538 | $6.0M | 100% |
| Filing → |
| GPN | SELL | 2016-08-10 | $4.3M | — | Filing → |
| GPN | SELL | 2016-08-09 | $1.7M | — | Filing → |
| GPN | SELL | 2016-08-09 | $1.7M | — | Filing → |