Packard Co Hewlett, 10% Owner at NAVISITE INC (NAVI), sold 4,416,592 shares at $4.22 ($18.6M) on 2007-01-24, disclosed to the SEC on 2007-01-26.
Open-market sale of $18.6M NAVI 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.