Laurence E. Cranch, General Counsel at ALLIANCEBERNSTEIN HOLDING L.P. (AB), sold 253,485 shares at $30.01 ($7.6M) on 2019-02-19, disclosed to the SEC on 2019-02-20.
Seasonal sale ($7.6M) by General Counsel — this insider has traded AB in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $30.49 | 8,283 | $253K | 3.3% |
| 2 | $30.01 | 122,601 | $3.7M | 48.3% |
| 3 | $30.01 | 122,601 | $3.7M | 48.3% |
| Total | $30.03 avg | 253,485 | $7.6M | 100% |
| Filing → |
| AB | SELL | 2019-02-22 | $1.1M | — | Filing → |
| AB | SELL | 2018-03-06 | $987K | — | Filing → |
| AB | SELL | 2018-03-02 | $2.1M | — | Filing → |