Fondation Rennes, 10% Owner at EBIX INC (EBIX), sold 330,710 shares at $35.24 ($11.9M) on 2019-08-16, disclosed to the SEC on 2019-08-22.
Open-market sale of $11.9M EBIX 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 | $38.04 | 52,855 | $2.0M | 16.9% |
| 2 | $38.04 | 52,855 | $2.0M | 16.9% |
| 3 | $35.61 | 100,000 | $3.6M | 29.8% |
| 4 | $34.41 | 65,000 | $2.2M | 18.7% |
| 5 | $35.14 | 30,000 | $1.1M | 8.8% |
| 6 | $35.24 | 30,000 |
| $1.1M |
| 8.9% |
| Total | $36.07 avg | 330,710 | $11.9M | 100% |
| Filing → |
| XBIT | BUY | 2019-03-05 | $260K | — | Filing → |
| XBIT | BUY | 2019-03-04 | $655K | — | Filing → |
| XBIT | BUY | 2019-02-14 | $1.0M | — | Filing → |