Managing Partner Ii L.p. Gcp, 10% Owner at Pacific Coast Oil Trust (ROYT), sold 18,500,000 shares at $20.00 ($370.0M) on 2012-05-08, disclosed to the SEC on 2012-05-10.
Open-market sale of $370.0M ROYT 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.