John M. Stropki, Chairman, President and CEO at LINCOLN ELECTRIC HOLDINGS INC (LECO), sold 40,000 shares at $47.65 ($1.9M) on 2012-12-07, disclosed to the SEC on 2012-12-10.
Seasonal sale ($1.9M) by Chairman, President and CEO — this insider has traded LECO in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $47.40 | 6,000 | $284K | 15.0% |
| 2 | $47.45 | 2,000 | $95K | 5.0% |
| 3 | $47.50 | 2,000 | $95K | 5.0% |
| 4 | $47.52 | 1,400 | $67K | 3.5% |
| 5 | $47.53 | 4,000 | $190K | 10.0% |
| 6 | $47.55 | 9,899 |
| $471K |
| 24.8% |
| 7 | $47.56 | 3,086 | $147K | 7.7% |
| 8 | $47.57 | 2,600 | $124K | 6.5% |
| 9 | $47.58 | 2,300 | $109K | 5.8% |
| 10 | $47.60 | 2,714 | $129K | 6.8% |
| 11 | $47.65 | 4,001 | $191K | 10.0% |
| Total | $47.53 avg | 40,000 | $1.9M | 100% |
| Filing → |
| RXN | BUY | 2014-06-05 | $52K | — | Filing → |
| RXN | BUY | 2014-02-21 | $50K | — | Filing → |
| RXN | BUY | 2014-02-12 | $50K | — | Filing → |