Reserve Fund Xi L. P. First, 10% Owner at Cobalt International Energy, Inc. (CIE), sold 11,799,154 shares at $27.16 ($320.5M) on 2012-02-29, disclosed to the SEC on 2012-02-29.
Open-market sale of $320.5M CIE 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 | $27.16 | 2,955,519 | $80.3M | 25.0% |
| 2 | $27.16 | 8,843,635 | $240.2M | 75.0% |
| Total | $27.16 avg | 11,799,154 | $320.5M | 100% |