John A. Thain, Chairman & CEO at CIT GROUP INC (CIT), bought 40,000 shares at $41.54 ($1.7M) on 2014-05-15, disclosed to the SEC on 2014-05-16.
Seasonal purchase ($1.7M) by Chairman & CEO — this insider has traded CIT in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| Filing → |
| CIT | BUY | 2012-05-01 | $1.1M | — | Filing → |
| CIT | BUY | 2011-08-24 | $1.2M | — | Filing → |
| BAC | BUY | 2009-01-22 | $483K | — | Filing → |